TV -

MultiChoice reports $38m pretax loss over drop in subscribers

June 13, 2024 by Francis Abel

MultiChoice, the leading South African TV company, reported a pretax loss of 706 million rand ($38 million) for the fiscal year ending in March, primarily due to weak local currencies and a decline in subscribers. This loss is a stark contrast to the 921 million rand profit before taxes reported the previous year and was … Read more

FCCPC kicks as Abuja Chinese supermarket labels all products in Yen

April 28, 2024 by Francis Abel

The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that an Abuja-based Chinese Supermarket labelled all its products in Yen, contravening Nigerian law and constituting a violation of regulations. The acting Executive Vice Chairman of the commission, Adamu Abdullahi, in an interview with Channels TV, seen on Sunday, April 28, stated that the commission … Read more