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Breaking :MultiChoice to invest over Sh1Bn in new regional corporate hub

MultiChoice Kenya has today officially commissioned its regional headquarters, signaling its commitment to the wider East African content market.

The Sh1 billion ultra-modern complex in Lavington will be built using the environmentally responsible and resource-efficient green technology

MultiChoice East Africa General Manager, Stephen Isaboke made the announcement today during a ground breaking ceremony for the construction of the new office block along Oloitok tok Road opposite Methodist Guest House.

The 4-storey, 8,000-square feet property will feature facilities for recycling water and smart technology to manage consumption of energy and water and will also feature an underground parking. It will also have a conference facility, restaurant, emergency fire elevator and access for people with disabilities.

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Multichoice Kenya will meet the cost of construction from both internal and external sources.

“This mega project is part of our long term commitment to the Kenyan market. This year, MultiChoice Kenya is celebrating 20 years of successful business operation in the country and there is no better way to do this,” said Isaboke.

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The building of East African hub in Nairobi comes hot on the heels of a Sh1.5billion investment in local production studios that the company announced in 2014. The state of the art film studio in Nairobi helps generate more productions and also help MultiChoice work with local producers to produce more appealing content for viewers.

According to Isaboke, as MultiChoice business continue to grow in the region, the workforce and space required to effectively serve its customers  also continue to expand hence necessitating a move to build own office.

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“We have more than 500 employees across our operations in Kenya and growing,” said Isaboke adding on that the company is optimistic of the continued growth of its operations in the entire East African region.

The office block is expected to be ready for occupation by October 2016.

This comes against the backdrop of mixed reactions after the company increased its subscription fees with the new rates standing at Premium KES 8 200,00, Compact Plus KES 5 550,00, Compact KES 3 250,00, Family KES 1 890,00, Access KES 930,00 and PVR Access Fee KES 1 020,00.  Most of teh viewers felt the increase was too high and while some are choosing to remain albeit grudgingly, others are thinthe DStv HD Decoderking of other options. 

 

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Susan Mwenesi
Susan Mwenesi
Interested in business, technology and all things startups in Africa!

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