OPERATION HADIN KAI FOILS TERRORIST INFILTRATION, DISRUPTS LOGISTICS NETWORKS, ARRESTS COLLABORATORS. (PHOTOS). #PRESS RELEASE

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 OPERATION HADIN KAI FOILS TERRORIST INFILTRATION, DISRUPTS LOGISTICS NETWORKS, ARRESTS COLLABORATORS The Joint Task Force (North East) Operation HADIN KAI (OPHK) has recorded significant operational successes in its ongoing counterterrorism and counterinsurgency campaign across the North-East. Through a combination of offensive operations, intelligence-led actions, and collaboration with local security stakeholders, troops successfully foiled a terrorist infiltration attempt and disrupted terrorist logistics and support networks, further degrading the operational capabilities of insurgent groups in the Theatre. In Borno State, troops responded swiftly to the sighting of terrorists advancing toward the North East Theatre Training School, Buni Yadi, at about 9:00 a.m. on 9 June 2026. Employing coordinated and precise fire missions, the troops neutralized the threat and denied the terrorists freedom of action. Subsequent exploitation of the area led to the recovery of two terrorist c...

MULTICHOICE'S SHOWMAX IS SHUTTING DOWN AFTER 11 YEARS, WITH THE COMPANY CITING HUGE LOSSES AND FAILURE TO MEET SUBSCRIBER GROWTH TARGETS. (PHOTO).


 

MultiChoice's Showmax is shutting down after 11 years, with the company citing huge losses and failure to meet subscriber growth targets. 

The decision comes after a strategic review aimed at strengthening its overall digital offerings and ensuring long-term sustainability in a competitive streaming environment 1 2 The platform, launched in 2015, was conceived as MultiChoice's answer to global streaming services such as Netflix and Amazon Prime Video. 

Despite investing $309 million in equity funding in 2024, Showmax struggled to gain traction, accumulating losses of about €370 million (S$428.9 million) in the three years leading up to the Canal+ takeover  MultiChoice has assured subscribers that their service will continue uninterrupted for now, and no immeiate action is required. The company is working on a subscriber and content migration plan, which will be communicated in the next few weeks. The shutdown is part of Canal+'s cost-cutting measures, aimed at saving about €400m by 2030 . 

Key points:

 • Showmax will be wound down in the coming months, with no job losses due to a three-year retrenchment ban in the takeover agreement. 

• MultiChoice will focus on its television channels, including Africa Magic, M-Net, and Mzansi Magic.

 • The decision reflects the challenges of building a profitable streaming business in price-sensitive African markets. 

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