NEW: Weak rand spells higher than usual DStv price hike

The ongoing weakening of the rand foreshadows a possible bigger price hike this year than usual for South African DStv subscribers as local pay-TV subscribers will have to bear the brunt of the currency that continues to slide.

Last year's depreciation, coupled with the rand's ongoing weakening in 2016, spells a bigger than usual subscription increase for DStv subscribers since the local currency has lost a third of its value since 2015. MultiChoice usually announces at the end of February what the increase will be that comes into effect by April.


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