Africa: Multichoice Loses 1.2m Subscribers but Returns to Profit On Cost Cuts
MultiChoice Group reported a net profit of R1.8 billion (over US$100 million) for the fiscal year ending 31 March 2025 The drop represents an 8% decline, with losses evenly split between South Africa and the rest of the continent In South Africa, households facing a cost-of-living crisis were forced to cancel DStv subscriptions, impacting all…