Despite a tough macroeconomic environment, has successfully navigated challenges by implementing focused strategic interventions.

The Group achieved ₦960 billion ($3.7 billion) in cost savings—far surpassing its interim target of ₦650 billion ($2.5 billion) and nearly doubling the ₦490 billion ($1.9 billion) saved in the previous fiscal year.

A disciplined approach to pricing helped offset subscriber losses, with inflationary price adjustments averaging 5.7% in South Africa and 31% in other African markets.

These efforts contributed to a 1% year-on-year organic revenue growth.

“Our performance showcases both the hurdles we’ve overcome and the resilience of our teams. While macroeconomic pressures and currency fluctuations have impacted results, our strategic execution, cost management, and investments in long-term growth put us in a strong position,” says

As the entertainment landscape continues to evolve, MultiChoice Group has responded with innovative solutions.

while grew by 76% and DStv Stream by 48%. Showmax, the Group’s streaming service, saw active paying customers rise by 44% year-on-year.

Notably, the Group returned to a positive equity position, supported by cost savings, currency stabilization, and the sale of 60% of its insurance business (NMSIS) to Sanlam.

MultiChoice Group remains committed to a sustainable long-term strategy. In the coming year, it aims to:

• in video businesses while driving growth in entertainment, fintech, and insurance.
• to protect profitability and cash flows.
• with Canal+ to unlock long-term strategic benefits.

A new cost-saving target has been set for FY26, aiming to reshape the business for shifting market conditions.

With these measures, MultiChoice Nigeria aims to strengthen profitability, stabilize operations across Africa, and refine Showmax’s performance.

The Group said it is determined to remain Africa’s premier entertainment provider—one that evolves with consumer habits and industry trends.