MultiChoice will pay a R1.5bn dividend to its Phuthuma Nathi empowerment scheme following the approval of dividends at the group’s annual general meeting on Wednesday.

Since the start of the scheme in 2006, Phuthuma Nathi shareholders have received dividends every year, with the total paid out to date, including the current year, at R13.4bn. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now