This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Imtiaz Patel: 'We anticipate MultiChoice will be a Top 40 JSE-listed company'

Loading player...

JOHANNESBURG — Naspers' announcement that it intends to separately list and unbundle its video entertainment business as MultiChoice Group on the JSE has been seen as Naspers' first step in unlocking its stock discount in relation to its 31% Tencent stake. While Netflix and Amazon are starting to eat MultiChoice's lunch in South Africa, MultiChoice is still not a bad business by any stretch. For the year ended March, it generated revenues of R47.1bn and trading profits of R6.1 bn. In this teleconference call, Naspers CEO Bob van Dijk along with Naspers Video Entertainment CEO, Imtiaz Patel, explain the rationale for the unbundling. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices

18 Sep 2018 3AM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: BN Portfolio Mag7 shine brightly in Q1

In this episode of Boardroom Talk, BizNews editor Alec Hogg unpacks a blockbuster night for global tech investors, with Alphabet, Meta and Amazon all reporting quarterly results. Held in the BizNews Ricardo US dollar portfolio, the three tech titans reveal how artificial intelligence has shifted from promise to hard infrastructure…

30 Apr 7AM 26 min

BN Daybreak - Thu 30 Apr 2026: Mag 7 results; Anthropic's valuation; Iraj Abedian on Iran; UK property

In today's BizNews Daybreak, we look at the "Magnificent Seven's" earnings, where Amazon’s cloud growth shines despite heavy AI spending. Anthropic weighs a massive valuation leap to $90 billion, while Fed Chair Jay Powell commits to his term amid a controversial building investigation. Economist Iraj Abedian provides a harrowing look…

29 Apr 11PM 14 min

Inside Iran’s collapse - and what it means for SA: Iraj Abedian on war, chaos, and geopolitics

Economist Iraj Abedian delivers a stark, insider view of Iran’s deepening crisis - economic collapse, internal power struggles, and rising global tensions. As conflict reshapes alliances, he warns of unpredictable fallout and missed opportunities. With sharp insight, Abedian connects the dots to South Africa, urging urgent policy reset to navigate…

29 Apr 4AM 29 min

Why UK property still appeals to SAns: Undersupply, 7–8% net yields, low rates – Mikayla Morkel-Brink

The United Kingdom remains a stable and attractive property investment destination for South Africans, says Mikayla Morkel-Brink from immigration specialists Sable International. She explained to Biznews in an interview that rental demand is driven by a chronic undersupply of housing and consistently high tenant demand. For South Africans, the appeal…

28 Apr 5AM 16 min

BN Daybreak - Wed 29 Apr 2026: Trump tightens Iran blockade; OPEC shock; Eskom nuclear pushback; Teledyne & Tesla

In today's edition of BizNews Daybreak, we dive into President Trump’s strategic move to sustain an economic blockade on Iran over military alternatives. The global market faces further upheaval as the UAE announces its departure from OPEC following decades of membership. Meanwhile, King Charles III delivers a historic address to…

29 Apr 12AM 16 min

All episodes