Multichoice Group

Integrated Annual Report 2024
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We are Africa’s leading entertainment platform and its most loved storyteller.

Reflections from our leaders

Chairman image

Today, MultiChoice stands as the leading entertainment platform on the continent, with a great strategy to drive future growth. It will take some time for all the investments to reach their full potential, but we believe in the value that they will create and have a strong conviction in the strategy which management has developed since listing.

Imtiaz Patel

Outgoing Chair

CEO Image

We continue to innovate, partner and invest to grow from our core linear video business by building a portfolio of related digital products and entertainment services. In recent years we have carefully invested behind our strategic ambitions of enabling customers to stay within our platform, while enjoying the services and products they need beyond just linear video entertainment.

Calvo Mawela

Chief Executive Officer

CFO Image

Management reacted quickly to the further deterioration in the macro and consumer environment during FY24, taking decisive tactical decisions to protect profits and cash flows while delivering against the group’s long-term strategic priorities.

With Showmax, SuperSportBet and Moment all now generating revenues following successful launches during FY24, the group is well positioned to grow in its target segments, while supporting the core linear broadcasting business through a challenging point in the macro cycle.

Tim Jacobs

Group Chief Financial Officer


Creating Value

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Value created by our group


Total value created

Employees icon

Value created for our employees


Remuneration and benefits

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Value created for our suppliers and partners


Local South African suppliers

Read more about how we created value for these and other stakeholder groups.

Our vision, purpose and the values we stand for

Our vision

To be the platform of choice for African households, enriching their lives by delivering entertainment and relevant consumer services through technology

Our purpose

To enrich lives by creating a world of more

Our values

We care

to do what is best for everyone – ourselves, our colleagues and most importantly, our customers

We connect

with others and build lasting relationships through collaboration, communication and clarity

We create

stories, experiences and a brighter future through curiosity, courage and commitment