CANAL+ Launches Major MultiChoice Restructuring and Growth Strategy in Africa
The plan is aimed at repositioning the business for sustainable growth and improved profitability across its African operations.
CANAL+ has announced a major strategic turnaround plan for MultiChoice following its recent acquisition of the company. The plan is aimed at repositioning the business for sustainable growth and improved profitability across its African operations. A key part of this strategy includes a restructuring programme that will affect parts of the organisation’s support functions.
As part of the restructuring, CANAL+ intends to introduce a voluntary severance plan targeting employees in support roles at MultiChoice. The company is also extending the restructuring drive to Irdeto, which provides technology and cybersecurity services within the group. These changes form part of a broader operational efficiency effort referred to as the “boost plan.”
While reducing costs in certain areas, CANAL+ is simultaneously investing in growth-oriented roles. The company plans to recruit more than 1,000 sales-focused employees across African markets to strengthen customer engagement and expand its on-the-ground commercial presence. This shift reflects a strategic pivot toward revenue generation and market expansion.
The turnaround plan also includes accelerated synergy targets, with expected cost savings of approximately €250 million on a run-rate basis by the end of 2026. This follows decisions such as the discontinuation of the loss-making Showmax contract, which had previously weighed on profitability.
Overall, the strategy is built around four main pillars: delivering compelling local and international content, simplifying commercial offerings, strengthening subscriber acquisition capabilities, and enforcing group-wide operational efficiency. CANAL+ has stated that all restructuring activities will be carried out in line with relevant labour and regulatory requirements in the jurisdictions where it operates.
