What the Budget Speech has to do with Netflix, Showmax and Viu

Loading player...
GUEST – Leslie Adams, Sales Director at Reach Africa, experts in streaming

During last week's Budget Speech 2023, the Finance Minister announced that a further R3 billion had been allocated for the Department of Communications and Digital Technologies to fast-tracking the connection of almost 6 million sites to high-speed internet by 2025/26, underpinning the President's promise at his recent State of the Nation Address to bring the country closer to affordable, high-quality internet access, while simultaneously bringing down the cost of data in SA - long regarded as being inordinately high, especially when compared to other developing countries.

The announcement is just one of many moves that are currently setting the stage for a louder BOOM in video on demand (VOD) services such as Netflix, Showmax and Viu, facilitating a more accessible and seamless streaming experience.
1 Mar 2023 6PM English South Africa Business News · Investing

Other recent episodes

South Africa's R1.16 Trillion Logistics Problem

South Africa's logistics bill is projected to reach a record R1.16 trillion in 2026, equivalent to 14.6% of GDP and the highest logistics cost burden recorded in more than two decades. The latest State of Logistics 2026 for South Africa report paints a picture of a freight system under pressure…
9 Nov 1PM 13 min

Your Vote, Your Wealth: Why Politics Shapes Property Prices

For most South Africans, their home is their largest financial asset. So, what happens when poor governance starts eroding property values? Herschel Jawitz, CEO of Jawitz Properties, joins us to discuss the powerful relationship between local government performance, infrastructure, service delivery and household wealth.
9 Nov 12PM 19 min

Coalition Country: South Africa's New Political Map

South Africa's local elections have redrawn the country's political landscape. With no outright majorities in most major metros, coalition negotiations will now determine who governs Johannesburg, Tshwane, Ekurhuleni and other key economic hubs. Louw Nel, Senior Political Analyst at Oxford Economics Africa, unpacks the rise of political fragmentation, the growing…
9 Nov 11AM 17 min

Can You Trust AI for High-Stakes Decisions?

Should you rely on AI for critical legal or financial choices? My AI Lawyer Head of Services Michael Visser joins Nzinga Qunta to unpack how specialized AI acts as an affordable starting point to navigate your rights before paying for professional advice.
5 Nov 1PM 13 min

How to Invest in Banana Trees

Expanding beyond traditional livestock, crowdfarming is now giving everyday South Africans direct access to plant-based farm assets. Ntuthuko Shezi breaks down the mechanics of banana tree investments, harvest yield returns, and risk management for retail investors looking to grow real farm wealth.
5 Nov 1PM 15 min