A Nigerian court is expected to hand down judgment on Tuesday in the ongoing battle between the nation’s attorney-general and MTN, with the AG claiming the group owes $2-billion in unpaid duties and taxes.
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MTN Group has asked the Nigerian Securities & Exchange Commission for permission to proceed with a listing of its shares.
From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters.
Former deputy finance minister Mcebisi Jonas will replace Phuthuma Nhleko as chairman of MTN Group at the end of the year. At the same time, former President Thabo Mbeki will head a new advisory board.
Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.
Communications minister Stella Ndabeni-Abrahams has dashed hopes for the urgent licensing of new broadband spectrum to mobile operators.
MTN Group plans to sell at least half of its R9.4-billion interest in newly listed Jumia Technologies, according to people familiar with the matter.
The Competition Tribunal has approved the acquisition by Remgro’s Community Investment Ventures Holdings of Vumatel, but has attached long-term conditions to the sale.
While its competitors are given the benefit of the doubt when their products are found vulnerable, Huawei is held to impossible standards for political reasons.
Vodacom said on Monday that “unquestionably the most significant obstacle to reducing input costs and, by extension, data prices is the fact that no new spectrum has been allocated” to operators for the past 14 years.