👨🏿🚀TechCabal Daily – Amazon comes to South Africa
- Crypto exchange Patricia is urging its customers to convert their owed funds into company shares as a last resort.
- Amazon is set to launch its online shopping service in South Africa in 2024, becoming the second African country to host a locally-dedicated Amazon website.
- eMedia has taken Multichoice to the Competition Commission over its refusal to broadcast rugby matches on its free-to-watch channels.
The situation with Patricia and its customers is concerning, as customers have been unable to access their funds for a significant amount of time. The conversion to company shares may not be a satisfactory solution for customers who simply want their money back. Amazon's entry into the South African market is a significant development that will provide more options for online shoppers and increase competition. The battle between eMedia and Multichoice highlights the ongoing challenges in the broadcasting industry. The market inquiry into digital media in South Africa is a necessary step to ensure fair competition and support independent journalism.
