It is possible, but Apple has never mentioned doing this, it doesn't really make sense since they already have a system in place that ensures that people from other countries cant use iTunes stores that are not from their own country, unless they have access to a US bank account, which is not that easy to casually come across. And they would receive lots of backlash from traveling business men etcetera if they did so.
Also, Kudu Club is rightly geo-blocked here, as it would be 'competing' with dstv.
Other services such as Hulu are also geo-blocked, though I don't like it, it makes a lot of sense, its a free service and if I had it here, I would never have to use a TV again. iTunes on the other hand is a paid service.