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MultiChoice Announces Sale Of SuperSports FC In South Africa Amid Loss Of Revenue In Nigeria, Other Countries
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Pan-African broadcast giant, MultiChoice, has announced the sale of SuperSport United Football Club, its Premier Soccer League (PSL) team in South Africa, as it battles massive financial losses across several African markets.
In a statement issued on Thursday, the company confirmed that SuperSport United has been sold to Siwelele Football Club (Pty) Ltd., subject to final approval by the PSL Executive Committee.
“SuperSport International would like to confirm the sale of its Premier Soccer League (PSL) club, SuperSport United, to Siwelele Football Club (Pty) Ltd. Following a closed bidding process, Siwelele F.C was awarded the rights to purchase the three-time Premiership winners, pending approval by the PSL Executive Committee,” the statement read.
According to SuperSport CEO, Rendani Ramovha, the decision to sell the club stems from strategic restructuring aimed at ensuring the broadcaster’s survival in the face of mounting financial pressures.
“The sale of the club comes as SuperSport makes strategic shifts to allow us to remain the biggest broadcaster in Africa and a leading global competitor. Shifts in the market, as well as the need to innovate in accordance with our core business, have necessitated focused direction to allow SuperSport to remain the best sports content provider on the continent and a leader in broadcast innovation,” Ramovha said.
Siwelele F.C chairman Calvin Le John described the takeover as an honour and pledged to continue SuperSport United’s legacy.
“As Siwelele F.C, we are privileged to have been given the responsibility of continuing with a rich winning tradition in the PSL.
“SuperSport and the MultiChoice Group laid an incredible 30-year platform that we wish to build upon, should we get the final vote of approval from the PSL Executive Committee,” Le John said.
He added that out of respect for the league’s processes, “Siwelele F.C., MultiChoice and SuperSport will not be making any further statements pending the decision of the PSL.”
The sale comes as MultiChoice grapples with an alarming revenue collapse across Africa, particularly in Nigeria, its largest market outside South Africa.
MultiChoice Nigeria’s subscription revenue plunged by a staggering 44 per cent in the financial year ending March 2025, falling to $197.74 million from $355.93 million a year earlier.
The company attributed this sharp drop to widespread customer losses in Nigeria, driven by skyrocketing inflation, economic hardship, and a mass exit of subscribers.
Nigeria’s inflation stood at 23.71 per cent as of April 2025, according to the National Bureau of Statistics, and the naira has depreciated by over 44 per cent against the U.S. dollar, leading to foreign exchange losses of more than $158 million for MultiChoice.
The company also confirmed that it lost 1.4 million subscribers in Nigeria alone since March 2023, accounting for 77 per cent of the 1.8 million users who abandoned the service across MultiChoice’s “Rest of Africa” (RoA) markets, which include Kenya, Zambia, and Angola.
Between April and September 2024, it shed 243,000 Nigerian subscribers as conditions worsened. At the close of its 2025 fiscal year, MultiChoice had 14.5 million total subscribers, with 7.5 million of them in RoA.
“Our performance reflects both the challenges we’ve faced and the resilience of our teams,” MultiChoice Group CEO Calvo Mawela said.
“While macroeconomic pressures and currency volatility have weighed on our results, our disciplined execution, cost management, and investment in new long-term growth opportunities position us well for the future.”
Group-wide, MultiChoice’s subscription revenue fell 11 per cent to $2.27 billion. Operating profit dipped by 34 per cent to $263.5 million, and trading profit nearly halved to $228.14 million.
Despite the setbacks, the company reported growth in digital segments such as DStv Internet (up 85 per cent), DStv Stream (up 48 per cent), and Showmax, which saw a 44 per cent rise in active paying users.
“Our strategy is shaped by developments in our industry, such as changes in technology which are driving shifts in consumer behaviour, as well as the impact of a rise in piracy, streaming services, and social media,” Mawela added.
The decision to offload a football club built over three decades underscores the scale of MultiChoice’s ongoing survival battle amid a collapsing pay-TV model in key African economies.
News
Obi drags former political acolyte Okonkwo to court over alleged defamatory bribery claims
The presidential candidate of the Nigerian Democratic Congress (NDC), Peter Obi, has started legal action against his former political acolyte and kinsman, Kenneth Okonkwo, over allegations that he and other party leaders collected bribes from aspirants seeking elective positions.
The lawsuit marks a significant escalation in the public fallout between the two political associates, whose relationship has deteriorated in recent months following disagreements over political developments and party affairs.Politics
According to court documents filed by Obi’s legal team, the former Anambra State governor is challenging a series of statements allegedly made by Okonkwo during a public broadcast, in which he accused Obi and leaders of the NDC in the South-East of demanding illicit payments from aspirants seeking tickets to contest for seats in the House of Representatives.
The suit, dated June 9, 2026, was filed by Chief Alex Ejesieme (SAN) of Alex Ejesieme (SAN) & Co. (Madiba Chambers), who described the allegations as false, malicious, and highly damaging to Obi’s reputation.
According to the legal filing, Okonkwo allegedly claimed that House of Representatives aspirants were required to pay an additional ₦10 million to party leaders after paying the official expression of interest and nomination fees.
The suit quoted Okonkwo as alleging that Obi and South-East leaders of the NDC informed aspirants that payment of the additional sum was necessary to secure consideration within the party.
Obi’s lawyers further stated that Okonkwo claimed documentary evidence existed to support the allegation and that receipts had allegedly been issued for the payments.
The actor-turned-politician was also accused of alleging that Obi personally compiled the list of party candidates from a hotel room and manipulated the candidate selection process.
Among other assertions attributed to Okonkwo were claims that Obi travelled abroad to collect money from individuals and that he, alongside other NDC leaders in the South-East, was involved in activities amounting to criminal conduct.
Obi Describes Allegations as False and Defamatory
In the legal action, Obi’s lawyers strongly rejected the allegations, insisting that the statements were entirely fabricated and intended to tarnish the former governor’s image.
The legal team argued that the claims portrayed their client as a dishonest political figure involved in bribery, extortion, fraud, and criminal conspiracy.
According to the suit, the statements were capable of exposing Obi to public hatred, ridicule, contempt, and distrust among members of society.
“The above statements, in their natural and ordinary meaning and by necessary implication, falsely and maliciously represent our client as a person who demands, solicits, organises and collects bribes; who extorts, defrauds and swindles political aspirants of their money; who is a fraudster, a scammer and a dishonest political actor,” the legal team stated.
The lawyers further argued that the allegations struck directly at Obi’s reputation as a public servant and political leader.
They described the remarks as reckless and unsupported by any credible evidence.
Concern Over Social Media Amplification
Obi’s legal representatives also expressed concern over the manner in which the statements were allegedly disseminated.
According to the law firm, the comments were made during a live television appearance before being widely circulated across social media platforms and online channels, thereby increasing their reach and potential impact.
The legal team maintained that while freedom of expression remains a constitutional right, it does not extend to publishing statements capable of damaging another person’s reputation without factual basis.
They argued that the remarks went beyond the limits of political criticism and fair comment.
“Your words were not mere political commentary. They crossed the permissible bounds of fair comment and constituted a direct assault on our client’s person, integrity, image and reputation,” the lawyers stated.
Obi Demands Retraction, Apology and Compensation
As part of the reliefs sought, Obi’s legal team is demanding that Okonkwo immediately withdraw the statements in their entirety and issue a public apology.
The proposed apology, according to the lawyers, must be clear, unconditional, and given the same level of prominence as the original allegations.
They further requested that the apology be published across all major social media platforms, including X, Facebook, Instagram, and YouTube.
In addition, the legal team is seeking a written undertaking from Okonkwo, committing him to refrain from making further defamatory statements against their client.
The suit also includes a demand for financial compensation for the alleged damage caused to Obi’s reputation and public standing.
The legal battle comes amid ongoing political realignments and public disagreements involving former allies within Nigeria’s opposition landscape, with the dispute expected to attract significant public and political attention in the coming weeks.
News
NCC: Telecom operators to deploy 12,000 new sites as 75m subscribers get compensation
NCC moves to stop big telcos from crushing small players
The Nigerian Communications Commission, NCC, says mobile network operators will deploy over 12,000 new coverage and capacity sites nationwide, with more than 5,000 already completed, to improve service quality and expand infrastructure.
This was contained in a communiqué issued after the NCC’s 109th Board Meeting held on May 25, 2026, where the Governing Board reviewed sector developments and outlined regulatory priorities.
The commission said operators have also extended fibre connectivity to more than 700 sites, while colocation and infrastructure-sharing companies have upgraded equipment at over 2,000 Base Transceiver Stations, BTS, to strengthen network resilience and quality of service.
It noted that the ongoing expansion reflects the industry’s commitment to improving coverage, capacity, and customer experience nationwide.
–75m subscribers compensated–
In a major consumer protection move, the NCC revealed that more than 75 million subscribers have been compensated following its directive requiring operators to provide redress for poor quality of service in areas where standards were not met.
The commission described operators’ compliance level as substantial, adding that it is independently validating claims to ensure all eligible subscribers receive due compensation.
However, the NCC expressed concern over partial compliance by Tower Companies, TowerCos, with directives to reinvest regulatory fines into infrastructure upgrades through escrow accounts. It stressed that full compliance is needed for sustainable network improvements.
–Fibre growth, security challenges–
The commission also reviewed data consumption trends and noted that rising demand for broadband continues to pressure existing infrastructure.
Fibre-to-the-Home, FTTH, subscriptions rose from 84,141 in Q4 2025 to 210,065 by the end of the following quarter, reflecting growing adoption of fixed broadband.
The NCC said expanding fibre infrastructure remains critical to reducing pressure on mobile networks, lowering connectivity costs, and improving service quality.
The commission also raised concerns over persistent vandalism of telecom infrastructure despite its designation as Critical National Information Infrastructure, CNII. To address this, it said it is exploring a Communications Industry Security Trust Fund and stronger stakeholder collaboration.
The NCC reaffirmed its commitment to building a sustainable, resilient, and inclusive communications sector that supports Nigeria’s digital transformation and the federal government’s $1 trillion economy goal.
News
Tinubu orders urgent diplomatic action to bring back 300 Nigerians jailed in Ethiopia after inmates die in custody
President Bola Ahmed Tinubu has ordered immediate diplomatic action aimed at securing the return of hundreds of Nigerians currently serving prison sentences in Ethiopia, following growing concerns over their welfare and reports that several inmates have died while in custody.
The move is expected to pave the way for the transfer of nearly 300 Nigerian prisoners from Ethiopian correctional facilities to Nigeria, where they would complete the remainder of their jail terms under an international prisoner-transfer arrangement.
To facilitate the process, a high-powered Nigerian delegation comprising senior government officials is set to travel to Addis Ababa to finalise negotiations with Ethiopian authorities. Members of the delegation include the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, and the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi.
Presidency had disclosed that Tinubu directed the officials to expedite discussions and conclude a Memorandum of Understanding (MoU) with the Ethiopian government that would provide the legal framework for transferring the inmates to Nigeria.
The intervention comes amid mounting concerns over the conditions faced by Nigerian prisoners at Ethiopia’s Kaliti Prison, where many of the inmates are reportedly serving lengthy sentences for drug-related offences.
Government sources indicated that reports of deteriorating living conditions, inadequate healthcare services, and overcrowding within the prison facility played a major role in prompting the President’s decision.
According to available estimates, close to 300 Nigerians are currently incarcerated in Ethiopian prisons, with a significant number convicted for offences linked to narcotics trafficking. However, families, advocacy groups, and legal rights organisations have repeatedly expressed concerns over the treatment of the inmates, citing poor feeding conditions, limited access to medical attention, and overcrowded detention facilities.
The issue has remained a sensitive diplomatic matter between Nigeria and Ethiopia for years, attracting growing attention from civil society groups and concerned relatives.
Calls for government intervention intensified after reports emerged that several Nigerian inmates had died while serving their sentences. The deaths sparked renewed appeals for authorities to activate an inmate-transfer agreement that would allow the prisoners to complete their sentences closer to home.
Families of the affected inmates have argued that relocation to Nigeria would improve access to healthcare, family support, and rehabilitation opportunities.
The matter also attracted judicial attention after a Federal High Court in Abuja reportedly directed relevant government agencies to take steps toward facilitating the inmates’ return, citing humanitarian concerns surrounding their continued detention abroad.
Prior to Tinubu’s latest directive, Nigerian and Ethiopian officials had engaged in multiple rounds of discussions over the proposed transfer arrangement. Nigerian authorities maintained that necessary domestic procedures had largely been completed and that the process was awaiting final approvals from the Ethiopian government.
Diplomatic engagements reportedly continued throughout 2025, with both countries expressing willingness to reach a mutually acceptable agreement.
Observers say the President’s latest intervention represents the most decisive effort yet to resolve the long-running issue and bring closure to concerns raised by families and advocacy groups.
If successfully concluded, the agreement would enable the affected prisoners to serve the remainder of their sentences in Nigerian correctional facilities while remaining subject to the terms of their original convictions.
Such prisoner-transfer arrangements are widely recognised under international law and are commonly used by countries seeking to promote rehabilitation, maintain family ties, and improve the welfare of convicted citizens serving sentences abroad.
Many of the Nigerians currently detained in Ethiopia were reportedly arrested while transiting through Addis Ababa’s international airport, one of Africa’s busiest aviation hubs. Although several were convicted on drug-trafficking charges, some advocacy groups continue to argue that certain individuals may have unknowingly been used as drug couriers and deserve further review of their cases.
The outcome of the planned negotiations in Addis Ababa is expected to determine when and how the transfer process will begin, offering hope to many inmates and their families who have long awaited a resolution to the issue.
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