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Africa
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February 5, 2021

Rand boost as traders expect positive news for South Africa

The rand is headed for its biggest weekly gain since mid-December as investors warmed to signs that South Africa’s fiscal deficit may be lower than expected as tax revenue overshoots.

The rand traded 0.2% firmer at 14.98 per dollar by 08h34 in Johannesburg, bringing its gain this week to 1.2%, the best performance among emerging-market currencies after Turkey’s lira. Bond yields extended a drop to the lowest in almost three years.

South African tax collections are expected to overshoot budget estimates, which could take some pressure off the National Treasury as it tries to rein in a fiscal deficit that’s ballooned due to the coronavirus pandemic.

Debt issuance [...]

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December 15, 2020

Most-watched TV shows in South Africa

The Broadcast Research Council of South Africa (BRCSA) has released its television audience measurements for November 2020.

The data includes a list of the most-watched shows on DStv, SABC 1, 2, 3, and Etv.

The BRCSA said the report does not give the total viewership of DStv commercial channels, and the figures reflect viewership on the platform at the top tier.

For instances where the same show appeared across multiple channels, we only included figures for the channel where it had the highest number of viewers.

The table below details the most-watched shows in South Africa in November 2020

Most-Watched TV Shows Channel Show Peak [...]
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December 15, 2020

Vodacom launches 5G network in KZN

Vodacom has launched its 5G network in key municipal districts across KwaZulu-Natal.

The 5G network is currently available on 156 live 5G sites across the KwaZulu-Natal province and supports both mobile and fixed wireless access services.

Vodacom said that its customers with 5G-enabled devices, and within a 5G coverage area, are now able to access the new 5G network in KwaZulu-Natal.

“Critically, the latest mobile networking technology will ultimately help the region bridge the digital divide between the urban and rural areas of the province by extending access to affordable mobile broadband, especially as an alternative to fibre connectivity in underserviced [...]

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December 15, 2020

DStv launches Amazon Prime Video on Explora Ultra decoder

DStv has added Amazon Prime Video to its recently-launched Explora Ultra decoder, the company announced in a statement.

DStv customers with a Prime Video membership can now access the entertainment service, ranging from movies and TV series, including Amazon Originals, with a click of a button on the Explora Ultra.

Prime Video joins a growing list of streaming services and apps available on the Explora Ultra, including Showmax, Box Office, Netflix, and Joox.

“The Explora Ultra is a one-stop-shop for entertainment fans looking to access a catalogue of dynamic entertainment from multiple content providers,” said MultiChoice South Africa CEO Nyiko [...]

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