French pay-TV group Canal+ will list its shares on the Johannesburg Stock Exchange (JSE) on June 3 [1].
This move marks the first time a French company has listed in South Africa, creating a new pathway for South African investors to hold equity in the media giant. It fulfills a commitment the group made when it acquired the African pay-television giant MultiChoice Group last year.
According to a statement, Canal+ said it would join the JSE to allow local investors to profit from the company's operations. The listing is part of a broader strategic shift following the acquisition of MultiChoice Group, which operates the DStv service.
Financial reports from the first quarter of 2026 indicate a strong performance for the company. Total Group revenue increased 41 percent to €2.16 billion [2]. This growth reflects the group's expanding footprint in the African market and its integration of newly acquired assets.
The company's entry into the South African market is a significant milestone in its global expansion. By listing on the JSE, Canal+ is integrating itself more deeply into the regional economy. This ensures that the benefits of the company's growth are shared with the local investment community.
Canal+ said it would become the first French company to list in South Africa when it joins the Johannesburg stock exchange on June 3, fulfilling a commitment made when it bought the country's MultiChoice Group last year [3].
Despite some variations in reporting on the timing, the group has confirmed the date for the listing. The move is designed to facilitate the local investment of South African citizens who previously had limited access to the French conglomerate's shares.
“Canal+ will list its shares on the Johannesburg Stock Exchange (JSE) on June 3.”
The listing of Canal+ on the JSE represents a strategic alignment between European and African media markets. By fulfilling the same commitment made during the acquisition of MultiChoice, the company reduces regulatory friction and secures local buy-in for its long-term presence in Africa. This transition from a foreign owner to a locally listed entity allows the company to leverage South African financial infrastructure to fund further growth across the continent.
