Online gambling and MVNO competition are weighing on MTN South Africa, which grew service revenue just 2% last year.
Top News
A significant rise in MTN’s share price has led to long-term share incentives vesting at much higher values.
Alfa Romeo’s Junior Elettrica Veloce is a hot hatch dressed as an EV – and it’s just brilliant to drive.
An independent non-executive director of MTN Group traded MTN ADRs in a closed period without prior clearance.
More News
Novus Holdings’ offer to buy out other shareholders in Mustek has hit a fresh regulatory hurdle.
The Competition Tribunal has finally completed the document that explains why it blocked the Maziv transaction.
Tensions between South Africa and the US continue to rise, with Agoa set to expire later this year.
Capitec CEO Gerrie Fourie is retiring in July after 25 years in leadership positions at the bank.
Telkom’s basic earnings per share will leap by at least 300% on the successful sale of its masts and towers business.
China’s Huawei Technologies is expected to claim triumph over US sanctions at its upcoming annual results.
World News
Stock traders have forgotten what a bubble looks like. Nvidia will remind them, says the founder of Research Affiliates.
China will launch a new state-backed fund that aims to raise about $40-billion for its silicon chip sector, sources said.
While breezy bitcoin has bounced back, investments in crypto start-ups have dropped for the fifth straight quarter.
Huawei and SMIC have built an advanced, 7-nanometre processor to power the Mate60 Pro, teardowns show.
Tuesday’s dramatic hostile counter-bid for the British Internet takeout company Just Eat arrived almost fully baked. But the new offer isn’t that tempting – it needs a big dollop of dessert to make it irresistible.
Eskom remains the single largest fiscal threat to South Africa. And despite many promises from the president, he is yet to release a restructuring plan or appoint a permanent CEO of the utility.
