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The French broadcasting giant Groupe Canal+ has recently expanded its stake in South African pay-TV behemoth MultiChoice by purchasing an additional 3,653,492 shares. As a result of this acquisition, Groupe Canal+ now holds a commanding 40.83% interest in MultiChoice. This latest increase in ownership took place over the course of…

Equity Bank, headquartered in Kenya, recently fell victim to a debit card fraud incident in which hackers absconded with $2.1 million. The bank, which holds the title of Kenya’s largest, forwarded a detailed correspondence to the nation’s Directorate of Criminal Investigation, chronicling the illicit transfer of the pilfered funds across…

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