South Africa: DA Seeks Clarity On Imports of Set-Top Boxes for Digital Television

The Minister of Communications, Ms Dina Pule must state clearly and unambiguously whether foreign-made set-top boxes (STBs) or digital converters can be imported to and sold in South Africa.

STB or digital converters switch analogue television signals to digital and will have to be used by viewers to switch their signals in the digital migration process.

Source: Democratic Alliance (Cape Town)

Investment News - In Brief

- Hollywood, Bollywood and now Nollywood, the Stream looks at Nigeria’s booming film industry. Watch the video here:

Namibia: NBC Moots Another Turn-Around

In Windhoek, National public broadcaster, NBC, is mooting drastic changes that are bound to ruffle feathers within the market of commercial radio broadcasting and related services, in its quest to generate a profit.

The brash NBC director-general Albertus Aochamub says the changes, which include introducing new non-traditional/conventional services associated with NBC and cost adjustments for current services, are necessary to finalise the "financial clean-up" and to turn the beleaguered public broadcaster into a "going-concern entity".

Source: New Era

Meet Today’s Ethiopian Consumer – TV Radio most popular

Ethiopia follows Nigeria as the second most populous nation in Africa, with 83 million people and two major ethnic groups that account for close to 60 percent of the population. In recent years, Ethiopia has emerged as one of the fastest growing economies in Africa with 10 percent GDP growth in 2010. Although the majority of the population is rural (82%), the urban population is growing twice as fast as the rural and over half of Ethiopia’s population is under 20 years old.


Africa’s Richest Woman Buys Portuguese Pay-Tv Company

Africa’s richest woman Isabel dos Santos  has bought a further 5 per cent of Portugal’s leading pay-TV and Internet provider Zon Multimedia from Spain’s Telefonica.
The acquisition makes Dos Santos,  the entrepreneurial daughter of Angolan President,  the largest shareholder of Zon Multimedia, with her total share rising to 15 per cent. The move  was her second foray into the Portuguese market after she secured 9 per cent share in Portugal’s third-largest listed bank Banco BPI.


Investment News - In Brief

- StarTimes has TV operations in eight African countries, including Tanzania, Nigeria, Burundi, Rwanda, Guinea, the Central African Rep., Mozambique and now Kenya.

Local film industry’s Manhattan transfer bid

The local film industry’s efforts to position SA as a world-class film-making destination were boosted this week when a group of South Africans jetted off to New York to rub shoulders with the rich and famous at the Tribeca Film Festival.


Jason Njoku's iROKO Partners Raises $8 million in Funding

iRoko Partners, a Nigerian based, digital distributors of Nigerian music and movies and one of the largest and fastest growing black owned internet companies, has raised $8 millions in funding from Tiger Global, a hedge fund run by an early Facebook and Zynga investor.

Source: blackentrepreneurprofile

NTDC donates StarTimes decoders to hotels

In its genuine effort to sanitise, empower and create an enabling environment for tourism stakeholders to explore and maximise the full benefits of tourism, the apex tourism regulatory agency in Nigeria, the Nigerian Tourism Development Corporation (NTDC)  last Friday entered into a partnership with NTA and launched three tourist products continued to add value to tourism.

Source: Nigerian Tribune

Investment - In Brief

- Visual Unity system integrator and multi-screen platform provider has entered into a joint venture with Telemedia Africa to establish Visual Unity Africa. The company, based in Nairobi, offers system integration and professional services to the local broadcast, information technology and telecommunications industry, along with specialist research and development to develop innovative mobile applications.

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