MTN’s video-on-demand strategy in the South African market has not worked as expected and will now be radically overhauled. That’s the word from MTN South Africa CEO Mteto Nyati, who was speaking
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MTN’s South African subsidiary increased its profit margin, calculated using earnings before interest, tax, depreciation and amortisation, by 1,3 percentage points to 33,4%, suggesting a solid turnaround in the operation, which has underperformed in recent years
Despite the hellish time it had in Nigeria in the final quarter of its 2015 financial year – facing a fine of US$3,9bn from regulators there – telecommunications group MTN has announced it is hiking its final dividend to R8,30/share, up by 3,8% on 2014’s payout.
According to the latest ranking of the world’s richest people, published on Wednesday, Bill Gates still tops the list with a fortune of $75bn, while the net worth of Facebook’s Mark Zuckerberg has leapt higher in the past year
When it comes to saving money and cutting costs, most financial advisers will tell you not to renew your cellphone contract and switch to prepaid. But this is not necessarily the best option if you still want the latest smartphone. According to Antony
Politicians should not run ahead of themselves and expect the wholesale or partial privatisation of state-owned enterprises (SOEs), deputy President Cyril Ramaphosa said in parliament on Wednesday. Responding to oral questions from
A forensic investigator has alleged an inside job at First National Bank and MTN in a Sim-swap scam that pilfers customers of hundreds of thousands of rands. Private consulting forensic
The price of DStv’s most popular bouquets will rise by between 8% and 10% on 1 April 2016, with parent MultiChoice blaming the sharp devaluation in the value of the rand over the past 12 months
India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications
The deal is off! Vodacom will no longer acquire Neotel. “Vodacom announces that its proposed acquisition of the majority of Neotel’s assets related to its fixed-line business has lapsed due to regulatory complexities and certain conditions not being