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- The volatility in the foreign exchange (forex) market may induce increment in DStv subscription price if not tamed by the government, the General Manager, Sales and Marketing, Multichoice, Martin Maputo, has said.
- Maputo said DStv was trying to avoid any price increase but rather concentrating on upgrading its contents across all bouquets.
- However, he said if the government failed to curtail the forex crisis which has made it more expensive for the company to buy foreign content, especially English premiership, among others, it might be forced to consider price increase.
- “Most of the content we buy, such as EPL, others from abroad is dominated in pounds, dollars. So, we are not only operating in the market, but also respond to the market. At this stage, we are trying as much as we can to avoid any price increase but if there is nothing done to curtail the forex issues, we might be forced to increase,” he said.
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