MultiChoice is shuttering Showmax after a costly decade

MultiChoice is shuttering Showmax after a costly decade

MultiChoice Group has officially announced the discontinuation of Showmax, signalling the end of one of Africa’s most ambitious and expensive digital experiments. The decision brings a definitive close to a platform that launched in 2015 and underwent a massive, high-stakes relaunch in 2024. Ultimately, Showmax failed to achieve commercial viability in a landscape defined by…

Read More
ZADNA probe exposes costly executive spend amid cash decline

ZADNA probe exposes costly executive spend amid cash decline

An investigation uncovered weaknesses in ZADNA’s credit card section of the procurement policy. (Image source: 123RF) Communications minister Solly Malatsi’s department is initiating several actions to give full effect to the recommendations of an investigation report on alleged misconduct by the CEO of the .ZA Domain Name Authority (ZADNA). This, after the entity was again…

Read More
Africa: Costly Lending Rules Stifle Africa’s Clean Energy Push, Investors Warn

Africa: Costly Lending Rules Stifle Africa’s Clean Energy Push, Investors Warn

Africa’s efforts to scale up clean energy are being held back by financing rules that do not align with the needs of mid-sized renewable projects, according to investors and developers. They say current lending systems are designed for large-scale infrastructure, leaving smaller ventures struggling to move forward. Speaking at the Africa Investment Forum on November…

Read More