Author: Duncan McLeod

MTN Group CEO Rob Shuter has warned that developments in Nigeria have complicated its plans for an initial public offering in the West African nation.

Lumko Mtimde, the suspended CEO of government’s universal service agency Usaasa, must be reinstated by next week, public protector Busisiwe Mkhwebane has ruled in a report that has condemned the conduct of the agency’s board.

MTN Group shares plunged more than 22% on Thursday morning after reports emerged that the Nigerian central bank has ordered four banks to refund more than $8-billion “illegally expatriated” by the telecommunications provider.

MTN Group has hit out at the Central Bank of Nigeria over a demand to refund more than $8-billion allegedly illegally expatriated from the country over an eight-year period.

Eran Eyal, a South African-educated technology entrepreneur who now lives in the US, is facing criminal charges in the New York for allegedly stealing more than $600 000 from investors.

Newzroom Afrika will replace the formerly Gupta-owned and now-defunct Afro Worldview (previously ANN7) on DStv, MultiChoice South Africa CEO Calvo Mawela said on Tuesday.

Communications regulator Icasa’s new call termination regulations, if implemented without significant changes, will harm the industry and lead to higher prices for consumers, SwitchTel CEO Greg Massel has warned. Don’t miss this the podcast.

Telkom CEO Sipho Maseko on Monday warned that Icasa’s draft regulations on call termination rates could force the operator into a very difficult position, with the potential that it could ultimately withdraw from providing services in rural areas.

On the TalkCentral podcast this week, Duncan McLeod and Regardt van der Berg talk about Nvidia’s new ray-tracing GPUs, Telkom’s unhappiness with Icasa, Nikon’s new mirrorless cameras and Apple’s forthcoming keynote.

Johannesburg-headquartered Vodacom Group said on Saturday that it has become the first operator in Africa to launch a standards-based, commercial 5G network.