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![BuzinessX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::837611793430237185.png) Business Explainer [@BuzinessX](/creator/twitter/BuzinessX) on x 39.6K followers
Created: 2025-07-02 13:23:53 UTC

FROM R51M SALARY TO R35M

MultiChoice CEO, Calvo Mawela, has been paid R35-million after leading the company from a R4-billion loss last year to a R1.8 billion profit. 

This turnaround was powered by a R3.4-billion sale of its XX% stake in NMSIS to Sanlam, alongside R3.7-billion in cost cuts that beat internal targets. 

Still, revenue fell X% to R50-billion, and subscriber numbers dropped by XXX million, signalling pressure from streaming rivals and piracy. 

Mawela (pictured) missed performance targets on Showmax, but exceeded goals on BetKing and savings. 

Although his total pay declined from R51-million due to smaller long-term incentives, the rebound in profits showed a company in recovery - yet navigating a tough, shifting market...

![](https://pbs.twimg.com/media/Gu2v4Q1XUAA7NIh.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1940401038336417875/c:line.svg)

**Related Topics**
[has been](/topic/has-been)
[$slmaf](/topic/$slmaf)

[Post Link](https://x.com/BuzinessX/status/1940401038336417875)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

BuzinessX Avatar Business Explainer @BuzinessX on x 39.6K followers Created: 2025-07-02 13:23:53 UTC

FROM R51M SALARY TO R35M

MultiChoice CEO, Calvo Mawela, has been paid R35-million after leading the company from a R4-billion loss last year to a R1.8 billion profit.

This turnaround was powered by a R3.4-billion sale of its XX% stake in NMSIS to Sanlam, alongside R3.7-billion in cost cuts that beat internal targets.

Still, revenue fell X% to R50-billion, and subscriber numbers dropped by XXX million, signalling pressure from streaming rivals and piracy.

Mawela (pictured) missed performance targets on Showmax, but exceeded goals on BetKing and savings.

Although his total pay declined from R51-million due to smaller long-term incentives, the rebound in profits showed a company in recovery - yet navigating a tough, shifting market...

XXXXXXX engagements

Engagements Line Chart

Related Topics has been $slmaf

Post Link

post/tweet::1940401038336417875
/post/tweet::1940401038336417875