2006 - 2007
Phuthuma Nathi launched
Phuthuma Nathi 1 was launched in 2006, and Phuthuma Nathi 2 (a smaller replica) was launched in 2007. As one of the largest BBBEE transactions in SouthAfrica, the schemes acquired a combined 20% stake in MultiChoice SA.
2011
Trading started
The shares began trading publicly on 8 December 2011.
2014
Debt paid off
MultiChoice SA’s strong financial performance enabled substantial dividend payments to Phuthuma Nathi, thereby enabling Phuthuma Nathi to repay its vendor loan in 2014 – two years ahead of schedule – while maintaining dividend payments to Phuthuma Nathi shareholders.
2015
Full dividend paid
Following the settlement of the outstanding vendor loan, Phuthuma Nathi shareholders received their first full dividend payment amounting to ZAR1.2bn.
2019
Phuthuma Nathi shareholding increased to 25% in MultiChoice SA
To underpin the commitment by MultiChoice SA and Naspers to socio-economic transformation and BBBEE, MultiChoice SA and Naspers allocated an additional 5% stake in MultiChoice SA to Phuthuma Nathi for no consideration.
Phuthuma Nathi 1 and Phuthuma Nathi 2 combined
In FY19, shareholders voted to combine the two schemes into one scheme. The transaction resulted in a one-to-one swap of Phuthuma Nathi 2 for Phuthuma Nathi shares. As a result, Phuthuma Nathi 2 is owned by Phuthuma Nathi, and all scheme shareholders hold shares in Phuthuma Nathi.
Share swap completed
Phuthuma Nathi shareholders were offered the option to exchange some of their shares in Phuthuma Nathi for shares in the MultiChoice Group. Following extensive engagements, shareholders representing a combined 5.7% shareholding in Phuthuma Nathi accepted this offer.
2023
Latest dividend paid
Phuthuma Nathi shareholders continued to benefit from dividend payments, receiving ZAR1.4bn in September 2023 following approval at the 2023 AGM. This took the total amount in dividends paid out to Phuthuma Nathi shareholders since inception to ZAR17.8bn.
FAQs
MultiChoice is Africa's leading entertainment platform, with a mission to enrich lives. We offer a wide range of products and services, including DStv, GOtv, Showmax, M-Net, SuperSport, Irdeto, and KingMakers.
Who are the members of MultiChoice? ›
- Elias Masilela. Group Chairperson of the Board. ...
- Calvo Mawela. Group CEO – BSc. ...
- Tim Jacobs. CFO – BCom, HDipAcc & CA (SA) ...
- Kgomotso Moroka. Independent Non-Executive Director – BProc & LLB. ...
- Louisa Stephens. ...
- Christine Mideva Sabwa. ...
- James du Preez. ...
- Dr Fatai Adegboyega Sanusi.
Market cap: $2.76 Billion
As of May 2024 MultiChoice Group has a market cap of $2.76 Billion. This makes MultiChoice Group the world's 3628th most valuable company by market cap according to our data.
Who is the shareholder of MultiChoice? ›
Shareholders
| Name | Equities | % |
|---|
| Multichoice Group Restricted Share Plan 3.388 % | 14,990,297 | 3.388 % |
| Truffle Asset Management (Pty) Ltd. 0.4659 % | 2,061,753 | 0.4659 % |
| STANLIB Multi-Manager (Pty) Ltd. 0.4309 % | 1,906,776 | 0.4309 % |
| Satrix Managers (RF) Pty Ltd. 0.3707 % | 1,640,403 | 0.3707 % |
6 more rowsMultiChoice Group is the parent company of MultiChoice South Africa (including SuperSport, M-Net, and DStv Media Sales), MultiChoice Africa Holdings, Showmax Africa, and Irdeto.
Who is the CEO of MultiChoice Group Limited? ›
How does MultiChoice make money? ›
MultiChoice makes most of its money from DStv subscriptions but also rakes in billions through advertising, decoder sales, technology services, and insurance.
Who is the owner and founder of MultiChoice? ›
Koos Bekker's career journey
As a result of this project, Bekker, along with his colleagues, founded one of the first two pay-television services outside of the United States. M-Net and its sister companies, including Multichoice, eventually expanded to 48 countries across Africa.
What are the Behaviours of MultiChoice? ›
We CONNECT with others and build lasting relationships through collaboration, communication and clarity. The key behaviours that fall under CREATE are curiosity, courage and commitment.
How many employees does MultiChoice have? ›
Peer analysis
| Company | Revenue (TTM) | Employees |
|---|
| Lions Gate Entertainment Corp (USA) | 73.53bn | 1.50k |
| MD Pictures Tbk PT | 417.02m | 70.00 |
| MultiChoice Group Ltd | 58.82bn | 7.10k |
| China Ruyi Holdings Ltd | 9.27bn | 410.00 |
8 more rowsWe formally trained 1 319 employees (FY22: 2 527)
What are the challenges faced by MultiChoice? ›
Since then, MultiChoice has faced several challenges impacting the investment case for the group, not least of which were huge fines in some of the African countries in which it operates, regulatory changes, a ratings downgrade, existential competitive threats from global streaming services such as Netflix and Amazon ...
Who brought MultiChoice to Nigeria? ›
The company was launched in 1994 as a joint venture between MultiChoice Africa and Adewunmi Ogunsanya, a Nigerian entrepreneur.
Is MultiChoice a listed company? ›
MultiChoice Group is listed on the Johannesburg Stock Exchange with the code MCG.
Who is the head of sales for MultiChoice? ›
Bernard Matlhaga - Head of Sales & Distribution - MultiChoice Group | LinkedIn.
What is MultiChoice strategy? ›
Key strategic priorities. At our core, we strive to be Africa's content gateway of choice. We offer a platform agnostic video entertainment service to consumers across sub-Saharan Africa and are leveraging our scale to build an ecosystem which keeps customers engaged.
Who is the biggest broadcaster in Africa? ›
MultiChoice's DStv service is the biggest TV operation in Africa, broadcasting to some 50 countries, and was one of the first satellite companies to pioneer the then newly-minted digital broadcasting when it began in 1996.
What are the behaviors of MultiChoice? ›
We CONNECT with others and build lasting relationships through collaboration, communication and clarity. The key behaviours that fall under CREATE are curiosity, courage and commitment.
