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MultiChoice Group

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    • Joel Yarbrough, CEO, Moment
    • Craig Coetzer, Executive Head Delivery & Operations, MultiChoice Africa Group
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Source: MultiChoice Group |

A booming continent needs a new payment infrastructure

Africa’s exploding population presents huge growth opportunities; A world-class digital payments ecosystem will be fundamental to that, write Moment CEO Joel Yarbrough and MultiChoice Africa Group Executive Head Delivery & Operations Craig Coetzer

Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is not for sissies, as the saying goes. In navigating those challenges, relationships matter. It’s not so much about throwing money…

MultiChoice Group

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    • MultiChoice reports resilient performance while expanding its platform
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Source: MultiChoice Group |

MultiChoice reports resilient performance while expanding its platform

Clear strategic milestones were reached, with the group successfully launching Showmax 2.0, SuperSportBet and Moment, all of which are now revenue-generating

MultiChoice Group (www.MultiChoice.com/) demonstrated resilient operational performance for the year ended March 2024 (FY24), delivering a 26% trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48%, despite very challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching Showmax…

MultiChoice Group
Source: MultiChoice Group |

MultiChoice Africa Returns to Profitability, Affirms Commitment to African Entertainment

Despite challenging market conditions, MultiChoice Africa's unwavering dedication to telling African stories and its ongoing investment in local content has been a driving force behind its success in a highly competitive sector

MultiChoice Africa Holdings (“MultiChoice Africa”) (www.MultiChoice.com) has demonstrated remarkable resilience and achieved profitability, solidifying its position as a leader in African entertainment. With the release of MultiChoice Group's (MCG) FY2023 financial results, MultiChoice Africa proudly announces its return to profitability, marking a significant milestone in the company's journey. Despite challenging…

MultiChoice Group

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    • New integrated payment platform to be launched in Africa
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Source: MultiChoice Group |

New integrated payment platform to be launched in Africa

Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable

MultiChoice Group (www.MultiChoice.com), Rapyd and General Catalyst today announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new company, called Moment. Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker,…

MultiChoice Group

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    • Multimillion-dollar boost for small business as more African countries join MultiChoice Africa Accelerator Programme (1)
    • Multimillion-dollar boost for small business as more African countries join MultiChoice Africa Accelerator Programme (2)
    • Multimillion-dollar boost for small business as more African countries join MultiChoice Africa Accelerator Programme (3)
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Source: MultiChoice Group |

Multimillion-dollar boost for small business as more African countries join MultiChoice Africa Accelerator Programme

Many more small businesses in Africa’s technology sector now have the chance to benefit from the 2023 programme

Following the success of the MultiChoice (www.MultiChoice.com) Africa Accelerator (https://bit.ly/3OtthRz) Programme, which secured $16 million (USD) of funding for six emerging businesses last year, the programme has been expanded to eight more countries across Africa. Many more small businesses in Africa’s technology sector now have the chance to benefit from the…