Transmedia boss grilled over DStv subscriptions

TRANSMEDIA chief executive officer Florence Sigudu yesterday appeared before the Prince Dubeko Sibanda-led Parliamentary Portfolio Committee on Information and Media where she was grilled over the issue of Zimbabweans being charged for DStv subscriptions in United States dollars when in other countries these are paid in local currency.

Sigudu told the committee that as a 20% shareholder in Multichoice Zimbabwe, Transmedia gets a monthly payment of US$30 000 as part of dividends from Multichoice. The committee, however, felt that DStv subscriptions should be paid in local RTGS dollar just like in other countries where local currency is used.

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