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MultiChoice Once Again in Hot Water with Nigeria’s Government

Luis Monzon -
Nigeria's Broadcasting Commission (NBC) has dealt a series of fines to MultiChoice Nigeria, and other media companies in the West African country, amounting to $12,000 (N5-million) for airing a BBC documentary that the Commission says "glorified the activities of...
Company News

MultiChoice Shares Soar as Nigerian Tax Dispute is Settled

Zintle -
South Africa's MultiChoice Group, one of the leading entertainment companies in Africa, saw a rise in its shares on Thursday after the company reached a settlement agreement of $4.4 billion with Nigerian authorities. According to Bloomberg, MultiChoice had agreed to...
Company News

MultiChoice Denies It Has to Pay $2.2-Billion Tax Backlog to Nigeria

Luis Monzon -
South African entertainment powerhouse MultiChoice has disputed reports that it has been ordered by a Nigerian appeal tribunal to pay 50% of an N1.8-trillion ($4.4-billion) disputed tax backlog imposed on it by Nigerian authorities. MultiChoice had to pay $2.2-billion as...
Company News

MultiChoice Responds to Tax Evasion Allegations – “Our Operations Are Continuing in Nigeria”

Luis Monzon -
Nigeria's Federal Inland Revenue Service (FIRS) has instructed banks in the West African country to freeze accounts belonging to the MultiChoice Group and its subsidiaries. The revenue service has accused the massive entertainment media provider, amongst the largest on...
Company News

Nigeria Freezing MultiChoice Accounts to Recover $4.4-Billion in Alleged Outstanding Taxes

Luis Monzon -
The Federal Inland Revenue Service of Nigeria (FIRS), has instructed banks in the country to freeze the accounts of South African-based media entertainment firm MultiChoice Africa and its subsidiary in Nigeria, for allegedly breaching agreements and denying access to...
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Online & SocialStaff Writer -

World-First: Uber Launches “Bakkie” Service in South Africa

Rideshare service provider Uber, has announced the launch of its new Courier Bakkie (pickup truck) product offering, available to both...
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