Browsing: MTN

Investment
PIC raises its stake in MTN to 26%

The Public Investment Corp has raised its stake in MTN Group for the second time in as many days, taking advantage of a price that’s close to 10-year lows amid a crisis in Nigeria.

News
Telecoms bill runs into parliamentary hurdle

A successful request to a parliamentary committee, brought by the Democratic Alliance, means the Electronic Communications Amendment Bill will likely no longer be passed in parliament before the 2019 general election.

News
Herman Singh said to be leaving MTN

The group’s chief innovation officer, Herman Singh, is expected to leave to start his own tech venture, sources said, following chief technology officer Babak Fouladi out the door.

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