Canal+, the new owner of MultiChoice Group, has ambitious plans for pay-TV and wants to be in half the households in South Africa and the other African countries in which it operates. Commenting on the combined entity, Mergence CIO Peter Takaendesa said that it will have better scale in content and equipment procurement, and should be able to extract synergies in due course from shared services and technology platforms. The African macro-economic cycle is also turning conducive to growth but time will tell if Canal+ can leverage the strengths of the combined entity to navigate industry headwinds and various risks of doing business in Africa, he said.

NVIDIA shares swing as investors digest record-breaking results
NVIDIA shares swung after the chipmaker posted record first-quarter revenue of $81.6 billion, fuelled by booming AI demand. The stock







































