MultiChoice Restructuring: What the Landmark Phuthuma Nathi Vote Means for South African Broadcasting

On 26 August 2025, shareholders of Phuthuma Nathi Investments (RF) Limited (“Phuthuma Nathi”) approved a historic restructuring of MultiChoice South Africa Holdings (“MultiChoice SA”). The vote paves the way for a $3.1 billion transaction with French media company Canal+, reshaping South Africa’s broadcasting industry. For investors, regulators, and corporate leaders, this restructuring is a blueprint […]