Families ready to welcome home some of the BT Football Academy players who were stranded in Portugal
The academy failed to book return flights despite participants paying R55,000 each for the trip.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TimesLIVE
a day ago
- TimesLIVE
Revolut named official title partner of Audi F1 team
British financial technology giant Revolut will become title partner of the Audi Formula One team from next season in a "monumental" multi-year deal, the two parties announced on Wednesday. The fast-growing London-based fintech company was valued at $45bn (R804,836,250,000) last year through a secondary share sale to new and existing investors. Swiss-based Sauber are becoming the factory Audi team in 2026, when Formula One starts a new engine era with major rule changes and an 11th team on the grid with the arrival of Cadillac. Jonathan Wheatley, principal of the Audi team, said the deal had been put together in less than four months and had obvious benefits for the two sides. "If you imagine we need to engage with our fans, we need a partner that's going to help us do that," Wheatley told Reuters in a video call. "We need to expand hugely into the incredible global space Formula One is in at the moment, and we need to become the most attractive team in Formula One." Wheatley said the deal reflected Audi's brand strength and was a "good news story for Formula One". "It's the Audi magnet that's drawing a lot of people here right now," he said, speaking from the team headquarters in Hinwil, Switzerland. Revolut has more than 55-million customers but no physical branches. It gained a banking licence in Britain in 2024, after a three-year wait, and has global expansion plans. Antoine Le Nel, Revolut's chief marketing officer, gave no financial details of the F1 partnership but said the company was in for the long run with Audi and aiming for 100-million customers by 2027. He said Revolut had been looking for a platform to help the company build on its expansion. "I think we have a true opportunity to bring F1 to a huge audience," he told Reuters. "From a retail perspective and a business perspective I think there's going to be a lot of opportunities for us to connect the fan base to the sport through the Revolut platform." Le Nel said Audi taking on established teams in Formula One was like Revolut competing against traditional banks. "If you look at Audi, a very premium German brand dominating its market, it's where we want to be," he said. "It's a way for Revolut to elevate and get to where Audi has been for a long time." Audi said Revolut Business would be extensively integrated into the team's financial operations. Sauber are sixth in the 10 team championship ahead of this weekend's Hungarian Grand Prix and have scored in their past five races. German driver Nico Hulkenberg celebrated his first F1 podium at Silverstone this month, finishing third in the British Grand Prix in a major boost for the team.
The South African
3 days ago
- The South African
Siwelele FC boss brags about being Minister Gayton's son
Despite shying away from his father's last name, Calvin Le John introduced himself as the son of Minister of Sport, Art and Culture, Gayton McKenzie, after addressing supporters of his newly acquired football club, Siwelele. The businessman- the firstborn of the former convict – recently purchased the club, previously Supersport United, for R50 million in a closed business deal. In his first speech, Siwelele FC's new boss introduced himself to the club's supporters. 'I am Calvin Le John, the firstborn of the Minister of Sport, Gayton McKenzie', he told a crowd of football fans at their general meeting last week. Calvin touched on his relationship with Gayton, and their love of the Bloemfontein Celtic club – nicknamed Siwelele – which later became Royal AM. 'On the day I was born, my father was sentenced to 17 years [for armed robbery]. From the day I was born until the age of 10, the only connection we had was through the visitors' section at Grootvlei [prison]. Becoming emotional, he added: 'In my family, one of the only things that brought us happiness was Siwelele'. @l_keezy021 Gayton McKenzie's son Calvin Le John donates R100,000 to supporters and gives his first speech as the Chairman of Siwelele football club in Bloemfontein #southafricatiktok #gaytonmckenzie #gayton #latestnews #incaseyoumissedit #southafricantiktok🇿🇦 #southafricatiktok🇿🇦 #fyp #fypageシ ♬ original sound – L_Keezy021 Since Calvin Le John acquired Siwelele FC, many South Africans have accused Gayton McKenzie of having a hand in the closed business deal. Others claim he would use his position as Minister of Sport to further the club's interests. Responding to the rumours, Gayton said in a Facebook Live: 'People act like we took money from under our mattress and we just went to go buy a club. Gayton McKenzie has heaped praise on his son, Calvin Le John. Images via Facebook 'He bought it, I'm not part of the company….There's no consortium, he owns 100% of the company alone'. Gayton added, 'I'm very proud of him. He doesn't want to trade on McKenzie's name; that shows you he is different.' Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 . Subscribe to The South African website's newsletters and follow us on WhatsApp , Facebook , X, and Bluesky for the latest news.
Daily Maverick
3 days ago
- Daily Maverick
Who will steer the R55bn marriage of MultiChoice and Canal+?
There's a new power couple in African media. After nearly five years of courting, Canal+ has finally put a ring on MultiChoice to form a pan-African content colossus with global ambitions. French media titan Canal+ has secured the final go-ahead to acquire MultiChoice in a landmark R55-billion deal. After years of quiet manoeuvring and regulatory hurdles, the merger is now a question of who controls what. The Competition Tribunal's conditional approval, granted late last week, closes the chapter on a five-year 'creeping takeover' and opens a new era in African broadcasting. Now it's a balancing act weighing foreign capital with national sovereignty on a digital scale with local content. Enter the media monarchy In return for its princely sum, Canal+, owned by the French conglomerate Vivendi, gets access to MultiChoice's 14.5 million Anglophone and Lusophone subscribers, the DStv powerhouse, sports juggernaut SuperSport, and a foothold in streaming via Showmax. MultiChoice, facing rising costs and subscriber declines, finds itself rescued by a suitor with deep pockets and pan-African ambition. Combined, the merged entity will serve more than 24 million subscribers across 50 countries — instantly becoming the largest pay-TV and streaming provider on the continent. However, if Canal+ was hoping for free access, South African regulators had other plans. The deal's approval came wrapped in layers of red tape — not as a deterrent, but as a deliberate design feature. Transformation goals Central to the regulatory conditions is the creation of LicenceCo, an independent company that will hold MultiChoice South Africa's broadcast licence. It will be majority-owned and controlled by historically disadvantaged South Africans and employees. Crucially, Canal+ has no control and no board seats. This structural firewall protects South Africa's legal requirements around media ownership, ensures transformation goals are met and serves as a template for foreign investment in other sensitive sectors. Phuthuma Nathi, the B-BBEE shareholder darling, increases its economic interest in LicenceCo to 27%, with a new employee trust added. The licence, and the local airwaves it governs, stay South African. The R30bn lobola The Competition Tribunal didn't just demand structural separation; it also extracted a commitment package valued at more than R30-billion. This includes: A three-year moratorium on retrenchments linked to the merger; Significant investment in local content production, sports broadcasting, SMME procurement and Corporate Social Investment programmes; Ongoing free-to-air broadcast access for key sporting events, safeguarding the public's ability to view major matches without a subscription; and Local skills development through Canal+'s 'University Programme', to train historically disadvantaged individuals in broadcasting and production. In a media environment where Netflix and Amazon Prime are increasingly dominant, this local-first approach is designed to future-proof South African media. Showmax, SuperSport and scale Behind the regulatory muscle lies a clear commercial imperative. MultiChoice has struggled in recent years, shedding 2.8 million linear subscribers and burning cash to prop up Showmax 2.0, its streaming reboot built on Comcast tech and bolstered by NBC Universal's 30% equity stake. Canal+ brings financial stability and scale. It also inherits Irdeto, MultiChoice's profitable cybersecurity unit, and Showmax's potential to become Africa's answer to global streamers. Vivendi, Canal+'s parent company, views this merger as critical to its own transformation and part of a plan to split into three listed entities, with Canal+ as its global growth engine. Listing Canal+ on the JSE within nine months of deal completion is a further nod to local inclusion, visibility, and capital market confidence. The shiny ring can't cover controversial holes While South Africa celebrates a structurally sound deal with tangible local benefits, not all observers are convinced. Critics warn that Canal+'s track record and the Bolloré Group's 30.4% stake in it come with baggage. Vivendi's past includes one of the largest corporate losses in history and regulatory infractions that still cast a shadow. Vincent Bolloré, the billionaire behind the curtain, faces corruption charges in France and has been accused of turning Canal+'s French media outlets into right-wing political mouthpieces. With Canal+ now embedded in South Africa's broadcasting ecosystem, some fear creeping influence over editorial independence, particularly if there are future attempts to deepen ownership or control beyond the current firewall. Marriage isn't buying a horse Mergers are easy to announce but hard to manage. However, the competition bodies have played their hand cleverly — extracting commitments, safeguarding jobs and setting a precedent for how global capital must behave when it enters South Africa's strategic sectors. The long-term test lies ahead. Can Showmax truly compete with Netflix? Can SuperSport keep its sports crown as global streamers outbid for rights? Will LicenceCo be a transformative force or a regulatory box-ticker? Will Canal+ respect the firewall, or try to chip away at it over time? The merged entity is now king of the hill in African broadcasting, but it's a kingdom that won't run on size alone. Trust, execution and transformation will be the currencies of success. DM
