RUSSIAN FORCES TO STAY IN MALI TO FIGHT TERRORISM: KREMLIN. (PHOTO).

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 Russian forces to stay in Mali to fight terrorism: Kremlin The Kremlin said on Thursday that Russian forces would stay in Mali to help the country's government battle terrorists following an offensive over the weekend by Tuareg-led separatists and terrorists. Kremlin spokesman Dmitry Peskov made the statement after being asked by a reporter how Russia responded to a purported statement from the terrorists saying they wanted Russia to leave Mali. "Russia's presence there is, in fact, due to the need identified by the current government. Russia will continue, including in Mali, to combat extremism, terrorism and other harmful phenomena and will continue to provide assistance to the current government," said Peskov, AFP reported. The Russian Defence Ministry had claimed on Tuesday that units of its African Corps prevented an attempted coup on April 25, 2026 in Mali. It said in a statement that the African Corps units "inflicted irreparable losses" on superior ...
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MULTICHOICE'S SHOWMAX IS SHUTTING DOWN AFTER 11 YEARS, WITH THE COMPANY CITING HUGE LOSSES AND FAILURE TO MEET SUBSCRIBER GROWTH TARGETS. (PHOTO).

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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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