calvo mawela

  1. Hanno Labuschagne

    Big questions over R127-million payouts to MultiChoice execs

    Big questions over R127-million payouts to MultiChoice execs MultiChoice shareholders voiced their displeasure at the company's remuneration for executives and non-executive directors at its annual general meeting (AGM). Remuneration issues were the most contentious votes at the meeting held...
  2. Hanno Labuschagne

    MultiChoice launches SuperSportBet

    MultiChoice launches SuperSportBet DStv and SuperSport owner MultiChoice Group has launched SuperSportBet, a new betting platform created in partnership with sports betting and digital entertainment company KingMakers. MultiChoice said the “ground-breaking” betting platform would...
  3. Jan

    MultiChoice CEO Calvo Mawela's remuneration for 2022/23 - $2.62 million

    MultiChoice CEO Calvo Mawela's R47-million payday MultiChoice Group CEO Calvo Mawela received a total pay package of $2.62 million — approximately R46.6 million using foreign exchange rates from 31 March 2023, the company's financial year-end. Mawela resides in Dubai, so the company reports...
  4. Jan

    Stage 6 power cuts wreck DStv viewership and causes subscribers to cancel

    What stage 6 load-shedding does to DStv MultiChoice CFO Tim Jacobs said a direct correlation exists between increased load-shedding and a decline in active DStv subscribers. Still, there are positive signs for the pay-TV operator. Jacobs shared information about the impact of load-shedding on...
  5. Jan

    MultiChoice seems to have delayed DStv Glass TV launch by a few months

    MultiChoice pushes back launch of 4K DStv Glass TVs in South Africa MultiChoice appears to have pushed back the launch of DStv Glass 4K TVs in South Africa after group CEO Calvo Mawela first unveiled the company’s plans in September last year. Mawela said during a MultiChoice media showcase...
  6. Jan

    MultiChoice announces launch target for Proximity Control system to increase DStv streaming limit

    MultiChoice reveals DStv streaming limit plans MultiChoice Group COO Simon Camerer says that DStv’s Proximity Control system is in the works, on track, and they are looking towards a mid–2023 release. Proximity Control is the name of a digital rights management system MultiChoice wants to...
  7. Jan

    How MultiChoice's plans to compete with Netflix, Disney, Amazon

    DStv's strategy to compete against Netflix and Disney+ MultiChoice CEO Calvo Mawela said it is positioning its offerings as the “home of local and sport” as a differentiator to compete in the streaming market. Mawela spoke to CNBC Africa’s Fifi Peters at the World Economic Forum’s annual...
  8. Jan

    ANC resolves on policy to replace SABC TV Licences with household levy

    Goodbye TV licence — ANC wants a new tax Communications minister Khumbudzo Ntshavheni has said the African National Congress (ANC) supports the scrapping of SABC TV licences in favour of a household levy, Eyewitness News reports. While presenting the ANC communication commission's resolutions...
  9. Jan

    DStv working on "proximity control" system for increasing streaming limit

    DStv working on increasing streaming limit — but you'll need one of its devices MultiChoice South Africa CEO Nyiko Shiburi says that DStv is working on implementing new technology in its devices that will allow for multiple streams in households with legitimate subscriptions. DStv received...
  10. Jan

    MultiChoice cuts prices of streaming-only DStv packages

    DStv slashes streaming prices MultiChoice has announced that it is reducing the prices of DStv’s streaming-only packages effective immediately. MultiChoice South Africa CEO Nyiko Shiburi announced the price cuts at the company’s annual media showcase on Thursday.
  11. Jan

    Canal+ increases stake in MultiChoice to 26.26%

    French pay-TV giant buys bigger stake in DStv-owner MultiChoice MultiChoice has informed shareholders that Groupe Canal+ has increased its stake in South Africa’s biggest pay-TV player to 26.26%. This is up from 20.12% in July when MultiChoice disclosed that the French media giant had bought a...
  12. Jan

    MultiChoice CEO, CFO, and board chair salaries for 2021/22

    MultiChoice CEO Calvo Mawela's R43-million payday MultiChoice Group CEO Calvo Mawela received a total pay package of $2,578,000, or around R43.2 million at current exchange rates, during the company’s last financial year. Mawela is based in Dubai — hence his salary being denominated in US dollars.
  13. Jan

    Zondo clears MultiChoice of state capture allegations

    MultiChoice cleared of state capture allegations in shady R553-million DStv-SABC deal The Judicial Commission of Inquiry into State Capture has found no evidence to support allegations that MultiChoice behaved improperly when it negotiated a controversial R553-million channel carriage deal with...
  14. Jan

    Canal+ quietly buys up more MultiChoice stock

    Canal+ increases stake in MultiChoice to 18.44% Canal+, the pay-TV unit of French media holding company Vivendi, has increased its stake in MultiChoice to 18.44%. MultiChoice CEO Calvo Mawela revealed the increased shareholding by Canal+ during the company’s annual results presentation.
  15. Jan

    MultiChoice's plan to compete with Netflix and Disney

    How DStv competes against Netflix and Disney+ MultiChoice's CEO, Calvo Mawela, believes DStv is well-positioned to continue to grow in the online video streaming market and will remain competitive with the likes of Netflix and Disney+. During an interview with Newzroom Afrika, Mawela explained...
  16. Hanno Labuschagne

    Disney and Netflix must pay tax and comply with BEE — MultiChoice

    Disney and Netflix must pay tax and comply with BEE — MultiChoice International video streaming services like Netflix, Disney+, Amazon Prime Video, and Britbox must comply with BEE and pay tax in South Africa, MultiChoice Group CEO Calvo Mawela says. Speaking to the Sunday Times, Mawela said...
  17. Jan

    SABC pushes public media levy to replace TV licences

    Goodbye TV licence — SABC pushes TV tax South Africa’s public broadcaster wants government to abandon TV licences and replace them with a public media levy. The South African Broadcast Corporation (SABC) reiterated its call for a general TV tax in a recent presentation to Parliament...
  18. Jan

    Qualifications of top South African telecoms execs compared

    What to study to become a top South African telecoms exec Degrees in accounting, engineering, and commerce are three of the best types of qualifications to pursue if you wish to become a top telecommunications executive in South Africa. We looked at the qualifications of several leading chief...
  19. Jan

    SABC wants TV licences scrapped and replaced with a household levy - that MultiChoice must collect

    Scrap TV licences — SABC wants a TV tax The South African Broadcasting Corporation (SABC) wants TV licences scrapped in favour of a TV levy that every household must pay, News24 reported. During public hearings for the draft SABC Bill, the broadcaster told the Department of Communications and...
  20. Jan

    MultiChoice fights plan forcing DStv to collect TV Licence fees on behalf of SABC

    MultiChoice fights back against plan for DStv to collect TV Licence fees MultiChoice can't be held responsible to collect TV Licence fees on behalf of the SABC, the group CEO of MultiChoice, Calvo Mawela, said during a recent call with investors. This follows a proposal from the state...
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