Broadcaster CANAL+ becomes first French company to list in Johannesburg

Johannesburg. Shares of pay-TV group CANAL+ (CAN.L), opens new tab rose on its Johannesburg Stock Exchange trading debut on Wednesday, ​when it became the first French company to list ‌in South Africa following a deal with local broadcaster MultiChoice Group last year.

The company, which has a primary listing in London, climbed to 58.50 rand ​at market open

At the time of CANAL+'s acquisition of MultiChoice ​in 2025, it said it would have a secondary listing ⁠in South Africa, providing a boost for Johannesburg's stock exchange, ​which has suffered from a series of departures and few high-profile ​joiners in recent years.

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