Category: Business
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MultiChoice’s shrinking subscriber base
MultiChoice has lost 11% of its total customer base, ending its financial year with 20.9-million subscribers. The group’s South African subscriber base has fallen by 8% to 8.6-million, according to its latest results. The JSE-listed company has, until now, managed to consistently grow its customer numbers, holding steady through the trials of Covid-19. It blames…
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Job trends: Telecoms keep at it, hospitality workers move fastest
The average South African employee spends 3 years and 1 month in their job before moving on, according to a recent report by online jobs portal Pnet. Roles with higher expertise demands, such as those in business and management, tend to see people staying longer in their jobs (4 years and 10 months on average).
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6% of taxpayers pay 60% of personal income tax in South Africa
But only one in five of the country’s 40-million working-age people earn enough to pay this tax.