There aren’t that many consumer tech businesses operating at a truly continental scale in Africa.
One of them is South Africa’s MultiChoice. The JSE-listed video entertainment platform is Africa’s biggest pay-TV company and has a subscriber base of 21 million households across 50 African countries.
Given the company’s footprint across the continent, MultiChoice’s management team can offer important context & insights about economic and industry trends relevant to doing business across Africa.
Last week, the company released its FY 2024 earnings results (PDF) that include some choice quotes from its leadership team.
General quotes:
- “Volatile and weaker local currencies … and a weak consumer environment due to…