Sunday, January 26, 2025
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multichoice news

Company News

MultiChoice to Bring Disney+ to South African DStv Subscribers

Luis Monzon -
According to an announcement from South African media group MultiChoice, Disney+ will launch to DStv subscribers via the Explora Ultra Decoder the same day as its wider launch in the country, 18 May 2022. "MultiChoice customers with connected Explora Ultra...
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

7 Things You Need to Know About DStv’s New Streaming Rules

Luis Monzon -
DStv, the MultiChoice owned dish satellite TV and streaming provider has announced that from 22 March 2022, its subscribers will only be allowed to stream DStv on one device at a time. This change applies to all DStv subscriptions across...
Southern Africa

Safetech AURA Raises $4.7-Million in Huge Series A Funding Round

Luis Monzon -
AURA, a leading African-based security and medical response marketplace, has secured $4.7-million (R62 million) in a Series A funding round, which was led by South Africa's MultiChoice Group (MCG), KLT Holdings and Buffet Investments. This latest round positions AURA favourably...
General

Top 4 Most Trending Stories – Week in Review

Luis Monzon -
As this week comes to a close we take a look at the stories that resonated most with our readers. MultiChoice dominated the news this week, having two of the week's most trending stories. IBM announces that 6 African banks have...
Company News

MultiChoice Taps MTN to Launch DStv Internet in South Africa

Luis Monzon -
MultiChoice has launched DStv Internet in a bid to provide customers with access to internet services. The company has selected MTN as its network partner in the endeavour. According to a statement, the move is part of MultiChoice’s ongoing evolution...
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

Nigerian Lawmakers Seek to Slash DStv Prices in Favour of Pay-As-You-Go Model

Luis Monzon -
Nigeria's House of Representatives, the country's lawmaking body, has approved a new plan to slash the price of cable TV services in the country in favour of a pay-as-you-go model. This comes as a House Committee report tells of the...
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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Latest News

FinTechMamsi Nkosi -

VISA Makes Key Investment in Moniepoint to Fuel SME Growth in Africa

As Africa's Fintech landscape evolves rapidly, driven by a dynamic ecosystem and a focus on closing the financial inclusion...
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