MultiChoice Introduces Amharic Channel on DStv

Jun 27 , 2020


[ssba-buttons]

MultiChoice, the country’s sole distributor of Digital Satellite Television (DStv), and ViacomCBS Networks Africa have introduced the Amharic language to Nick Jr., the educational, pre-school channel from Nickelodeon. The addition will be available starting Monday, June 22, 2020. This initially phased approach of the Amharic programming content line-up will give active DStv Premium, Compact Plus, Compact, and Family customers in Ethiopia more choices while ensuring that each DStv package offers more value to Ethiopian customers. Recently, MultiChoice Ethiopia has added eight local television channels to its offering. The company has taken on the Oromia Broadcasting Network, the Amhara Mass Media Agency, Tigrai Mass Media Agency, Arts, LTV, Walta, Nahoo TV,  and Asham TV television channels under its DSTV packages. Ethiopian Broadcasting Corporate (EBC), Ethiopian Broadcasting Service (EBS) and Fana Television, the three most viewed local channels, are also part of DStv.


Radar

EthSwitch Sees Record Profit, Expands Digital Payment Reach

EthSwitch, the national switch operator, reported a record 1.4 billion Br gross profit for the fiscal year ending June 2025, a 34pc increase from last year's 1.06 billion Br. The performance was driven by a sharp rise in interoperable transactions, reflecting the country's growing embrace of digital payments. Person-to-person (P2P) transfers led revenue generation with 902.6 million Br, nearly half of total income, followed by ATM transactions contributing 825.1 million Br. Overall revenue cl...


Radar

Lion Bank Delivers Robust Results, Rewarding Shareholders

Lion International Bank S.C. posted a profit before tax of 1.8 billion Br for the last fiscal year, marking a 94pc surge from the previous year. The announcement was made during the bank's General Assembly held last week at the Sheraton Addis Hotel. After provisions and taxes, the bank registered a net profit exceeding 900 million Br, with shareholders earning 27pc per share. Deposits climbed by 23pc to 44 billion Br, up from 35.6 billion Br, while total loans and advances reached 36.2 billio...


Radar

Berhan Bank Lifts Earnings as Reforms Ease Forex Strain

Berhan Bank reported a 28.1pc growth in its latest fiscal year, buoyed by economic reforms and relaxed forex directives. The Bank's total deposits climbed to 44.5 billion Br by June 30, 2025, up 7.6 billion Br from the previous year. Net profit distributed to shareholders rose by 36pc, while total income reached 10.3 billion Br, marking a 61.4pc increase. Interest income accounted for nearly 59pc of total earnings, driven largely by the repeal of the National Bank's 70pc forex surrender rule...