Canal+ shares crash on weak MultiChoice outlook

Canal+ shares crash on weak MultiChoice outlook

Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, resulted in its shares cratering 23.5% in their worst one-day performance since listing in London 15 months ago. Canal+ acquired MultiChoice in 2025 in a move designed to further its ambition to become…

Read More
Canal+ shares crash on weak MultiChoice outlook

Canal+ shares plunge on weak MultiChoice outlook

Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, left its shares on track for their worst one-day performance in history. Its shares were down more than 20% at 2.54pm SAST (12.54pm GMT), their worst day since listing in London 15 month…

Read More
Africa: The World Dislikes the Weak

Africa: The World Dislikes the Weak

“Terrifying are the weaknesses of power”. African proverb You just knew they would not turn tail and get back to the US empty-handed. All those ships and planes and everything else that can destroy a country’s critical infrastructure and terminate its leadership massed against a country, Iran. Still, Iran negotiated between being beheaded or being…

Read More
Araxi grows revenue to R653m despite weak economy

Araxi grows revenue to R653m despite weak economy

Araxi CEO Bradley Sacks. Fintech group Araxi (previously Capital Appreciation) says it has delivered resilient financial performance, growing its revenue to R653 million, amid ongoing low business confidence and sluggish economic growth. In its latest results for the six months ended 30 September, the group says two of its divisions attracted new clients and secured…

Read More
Study confirms South Africans love weak passwords almost as much as boerewors

Study confirms South Africans love weak passwords almost as much as boerewors

South Africans have spoken – and what they’ve said is deeply disappointing for anyone who cares about cybersecurity. Yes, “admin” is officially the most common password in South Africa in 2025, according to NordPass’s annual Top 200 Most Common Passwords report. It knocks off previous heavyweight champion “123456”, which slips to a still-embarrassing second place….

Read More