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MultiChoice to debut on JSE next month

Multichoice Africa Group, the South African pay-TV operator has issued a statement at the end of business on Monday saying that it will list in the “broadcasting and entertainment” sector on the main board of the JSE on 27 February 2019. This listing has happened after its parent Naspers announced last year that it will unbundle MultiChoice to shareholders, fully divesting itself of its investment in the process.

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Microsoft pull EOH partnership

Microsoft has ended two partnership agreement with EOH, however the reasons for the end of the partnership has not been provided yet. The company dropped by about 33.3% on Tuesday 12/02/2019. Microsoft served the notice on the company on Friday that it aimed to terminate the company’s Licensing Solution Provider agreement and its Microsoft Partner Network agreement. Shareholders have been updated on the development.

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‘Lost city’ found using laser technology

The stone settlement of known as Kweneng used to be on the outskirts of Johannesburg. Technology now facilitates archaeologists ability to reconstruct the lost city. This city is said to have existed about 200 years. Using billions of laser lights, researchers from the University of Witwatersrand confirmed that they’ve been able to recreate digital images of the past. This place was Tswana-speaking it is estimated to have had about 10,000 inhabitants.

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Netflix has to focus on growth

It is essential that Netflix keeps on growing in order to survive in a fast changing world. Its business strategies are failing simple, it uses other people’s money to sustain its operations. It is also in a unique position where competition is virtually non-existent. It is clear that investors are generally willing to take the risk, wishing that the company will be able to squeeze customers for more money once they have gathered enough subscribers.

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