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MultiChoice reported a 5% decline in DStv subscribers for 2024, with drops across all packages due to economic challenges like inflation, rising interest rates, and load shedding.
The 2024 financial statement reveals a year-on-year decline in MultiChoice’s DStv subscriber base due to economic factors like inflation, rising interest rates, and load shedding.
The overall subscriber base declined by 9%, with a 13% drop in the Rest of Africa and a 5% decrease in South Africa, as customers prioritised essential needs over entertainment.