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Tag: Multichoice Group

MultiChoice denies DStv, GOtv subscription prices claims
Business

NGO slams MultiChoice over ‘exploitative’ DStv, GOtv price hike

A Non-Governmental Organisation, Save the Consumers, has strongly condemned the recent 2 per cent price hike implemented by MultiChoice Nigeria on its DStv and GOtv services, effective March 1, 2025. The group, which advocates for consumer rights, described the increase as unjustifiable, especially when compared to MultiChoice’s simultaneous decision to slash prices by up to […]

News

Multichoice Group writes off N31.6bn in defunct Heritage Bank

Multichoice Group has confirmed that it has written off the N31.6 billion ($21 million) in cash it held with the recently liquidated Heritage Bank. This information was disclosed in the company’s financial results for the six months ending September 30, 2024. The Group had in its FY 2024 annual report, released in June, reported a […]

MultiChoice denies DStv, GOtv subscription prices claims
News

MultiChoice denies DStv, GOtv subscription prices claims

Multichoice, the parent company of DStv and GOtv, has denied claims that their subscription packages in Nigeria have been cut, according to Businessday. According to a company source, only decoder prices have been decreased, while subscription fees have not altered. “We only reduced our decoder prices and not subscription prices. “The DStv Zapper was slashed […]

News

Multichoice had N31.6bn with defunct Heritage Bank – Report

Multichoice Group, owners of DSTV, before the bank’s liquidation, had an account balance of N31.6 billion with Heritage Bank, according to Nairametrics. Multichoice had a deposit of N33.7 billion (488 million South African Rands) with the bank, as of the fiscal year’s end on March 31, 2024, according to the group’s annual report for FY […]

Reps probe alleged tax evasion by Multichoice group
News

Reps probe alleged tax evasion by Multichoice group

Multichoice Group, a South African entertainment corporation, is allegedly not paying taxes, and the House of Representatives has ordered its Committee on Finance to look into this matter. According to The PUNCH, the motion “Need to investigate the alleged unremitted N1.8tn and $342m tax revenues owed the Federation by Multichoice Group” was adopted before the […]