Africa’s biggest pay television Company MultiChoice Group widened its loss to ZAR 4.148 billion (Sh34.8 billion) in the year ended March 2024, attributing it to foreign exchange losses in Kenya, Nigeria, Zambia, and Angola, from a loss of ZAR 2.9 billion (Sh24.3 billion) in the year before.
The company reported an increase in impairment losses, administration expenses and taxes further chipping into the trading loss.
