DStv customers will face another price hike after MultiChoice announced its annual price and product adjustments for DStv and its streaming service, Showmax.
In a statement released to the media, MultiChoice CEO Byron du Plessis noted that the company considered the financial strain on South African households when making these decisions. He mentioned that some products would remain unchanged.
"Recognising the financial pressures faced by South African households, MultiChoice has implemented considered adjustments, focusing on enhancing value across its packages, with certain products receiving no increase including all DStv Stream packages, Box Office movies and Showmax Entertainment with the ADD Movies premium movie bolt on being reduced to just R49pm, a 38% price reduction," Du Plessis said.
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The biggest jump is seen in the premium packages, with DStv Premium rising by R50 (5.3%) from R929 to R979.
Other packages are also affected:
- DStv Compact Plus: up R40 (6.4%) from R619 to R659
- DStv Compact: up R10 (2.1%) from R469 to R479
- DStv Family: up R10 (3.03%) from R329 to R339
- DStv Access: up R11 (7.9%) from R139 to R150
- DStv EasyView: up R1 (3.44%) from R29 to R30
- DStv Stream: Unchanged
Showmax: No adjustment - R99
Showmax PL: From R69 to R99 (+R30)
Showmax Entertainment mobile: From R45 to R50
However, MultiChoice has indicated that, following the proposed VAT increase by Minister of Finance Enoch Godongwana, prices may need to be adjusted again to reflect the VAT increase.
“Pricing will need to be adjusted for this higher VAT rate effective May 1. We will communicate the impact of this VAT increase pricing during April 2025,” it said.
IOL Business