MultiChoice Faces $225M Loss Amid Plans for Africa’s Business Growth

Africa’s largest pay television company, MultiChoice Group, reported a substantial increase in its annual loss, reaching 4.148 billion rand ($224.87 million) for the fiscal year ending March 2024. This was a significant rise from the previous year’s loss of 2.9 billion rand ($157.21 million). The company attributed this growing deficit primarily to foreign exchange losses … Continue reading MultiChoice Faces $225M Loss Amid Plans for Africa’s Business Growth