MultiChoice will ramp up its insurance, internet, sports betting and streaming businesses to grow its top-line as its traditional business is under pressure, with more than a million subscribers dumping the pay-TV provider.

The group lost 9% of its base in the year to March 2023, down to 15.7-million subscribers. In South Africa, 400,000 stopped paying for the service mainly due to intense load-shedding and high subscription prices, while in the rest of the continent it had 13% fewer customers, ending the year at 8.1-million...

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