Top 5 News Apps Performance in South Africa Q4 2023

In the fourth quarter of 2023, the top 5 news applications in South Africa demonstrated varying trends in downloads, revenue, and active user engagement. Here’s a detailed look at how each app performed:

X experienced a notable fluctuation in weekly revenue, peaking at approximately $6.7K in the week of November 27. Weekly downloads for the app showed a significant rise towards the end of the quarter, reaching 20.3K in the week of December 25. The app's active users saw a slight decline from 2.5M to around 2.4M throughout the quarter.

Reddit displayed a steady increase in weekly revenue, with a peak of $458 in the final week of December. Downloads also saw an upward trend, culminating at 6.8K in the same week. The active user base for the app grew from 112K to 122K over the quarter.

News24: Trusted News. First showed consistent weekly revenue, maintaining figures around $12K to $15K, with a peak at $15.1K in the week of November 6. The app's weekly downloads remained relatively stable, hovering around 800 to 1K. Active users experienced a slight decline, moving from 93K to approximately 86K by the end of December.

CNBC: Stock Market & Business saw a peak in weekly revenue of $871 in the week of December 11. Downloads for the app showed some variability, with a high of 4.1K in the week of October 9, but declined to 1.2K by the final week of December. Active users for the app also saw a decrease, from 12K to around 10K over the quarter.

IEC South Africa had a notable spike in downloads, reaching 13.9K in the week of November 13, primarily due to the election period. However, downloads dropped significantly towards the end of the quarter, with only 224 downloads in the week of December 25.

These insights highlight the dynamic nature of user engagement and revenue generation for news apps in South Africa. For more in-depth analysis and data, visit Sensor Tower.