Multichoice swings to loss in first set of full-year results

Following its unbundling from Naspers, Multichoice has released its maiden results reporting a headline loss due to foreign exchange losses, as well as the firm's decision in March to give additional equity to black investors at no cost.

Revenue ticked up 6% as subscribers numbers grew 12%.

Multichoice CEO Calvo Mawela spoke to Business Day TV about what the numbers suggest about where the company is headed.
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