MultiChoice building

Canal+ ups its stake in MultiChoice to 40.01%

Hi there,

Victoria from Techpoint right here,

Right here”s what I’ve received for you in the present day:

  • Canal+ ups its stake in MultiChoice to 40.01%
  • Starlink cracks down on roaming in Zimbabwe
  • Uber for teenagers go reside in South Africa

Canal+ ups its stake in MultiChoice to 40.01%

MultiChoice's building

Groupe Canal+, the massive French media firm, simply bumped up its stake in MultiChoice, the parents who personal DStv, to 40.01%. MultiChoice spilled the beans to shareholders in a Johannesburg Inventory Alternate information service assertion final Friday.

Now, some people are questioning if Canal+ would possibly finally take over the entire shebang and personal greater than 50%. 

Effectively, MultiChoice would not see that taking place anytime quickly. It says going over 50% would set off a merger underneath South Africa’s Competitors Act, needing a nod from the Competitors Tribunal.

And get this: if Canal+ snaps up shares for greater than R125 every, it has to up its provide worth. Canal+ made a compulsory provide final month after crossing the 35% threshold set by South Africa’s Corporations Act.

Within the newest replace, MultiChoice revealed it’s roped in Normal Financial institution as an unbiased knowledgeable to evaluation Canal+’s provide. Plus, it’s named an unbiased board to weigh in on whether or not shareholders ought to take the deal. The board contains some MultiChoice bigwigs like Deborah Klein and Dr. Fatai Sanusi.

Canal+ is not losing any time both. It’s already bumped up its stake from 35.01% to 36.6%. And guess what? It’d maintain shopping for extra shares whereas negotiations are ongoing. If it does, MultiChoice says it’ll need to cough up extra dough per share.

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Starlink cracks down on roaming in Zimbabwe

A Starlink dish placed on a fence next to a house
Gbadebo’s Starlink setup

Starlink is discontinuing its providers in Zimbabwe as a result of a request from the nation’s communications regulator.

Although Zimbabwe hasn’t formally embraced Starlink but, many people there are utilizing its roaming service by kits purchased in neighbouring international locations like Mozambique, Rwanda, Zambia, and Kenya.

Starlink is hustling to get regulatory approval in Zimbabwe however cannot assure when or the place its providers might be accessible, together with its roaming possibility.

Customers have the selection to pause their service, and Starlink urges them to achieve out to the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) to indicate help for his or her approval in Zimbabwe.

The satellite tv for pc Web service guarantees to maintain customers posted as soon as they get the inexperienced gentle. However for now, it’s taking part in it secure to safe that approval course of.

This transfer comes after POTRAZ warned towards utilizing Starlink, even threatening raids on suspected customers. Some customers have gotten artistic, disguising their kits as photo voltaic panels or mixing them into streetlights to keep away from detection.

Starlink has reduce off roaming in additional African international locations than simply Zimbabwe. Final month, they did the identical within the Democratic Republic of the Congo, sending related notifications to customers.

Regardless of plans to launch in these international locations, regulators in locations resembling Botswana have prohibited promoting for the service, warning that it isn’t authorised regionally. 


Uber for teenagers rolls out in South Africa

Uber
Uber software icon on black display screen of smartphone with notebooks and cup of espresso on a street map

Teenagers between 13 and 17 can hop on an Uber, however there is a twist: they want a guardian or guardian to arrange their account first. Security’s the secret, so Uber added options like reside journey monitoring, driver rankings, and spending limits.

The brand new teen accounts are supposed to be crystal clear for everybody concerned – dad and mom, teenagers, and drivers. 

Beforehand, you needed to be 18 to join Uber, however now, teenagers can request rides by accounts arrange by their dad and mom or guardians. The method entails dad and mom sending an invitation hyperlink for the teenager to obtain the app, arrange their account, and undergo security onboarding. Earlier than the trip, a PIN verification is required.

In the course of the journey, dad and mom obtain push notifications, and the journey’s billing is linked to their account. Teenagers’ profiles present their date of delivery, full title, and telephone quantity, however they will not have entry to all of Uber’s options.

Solely extremely rated drivers who’ve handed native screening can settle for teen rides, they usually have the choice to opt-out. 
Security options embrace restrictions on altering locations, audio recording, flagging down drivers for off-route or delayed journeys, and oldsters contacting drivers or cancelling journeys from their gadgets.


Final week on Techpoint Africa

What I am studying and watching  

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Have an excellent week!

Victoria Fakiya for Techpoint Africa.


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