MTN Group has reported a strong set of results for the 2020 financial year, adding 29 million customers, growing adjusted headline earnings per share by 52% and more than doubling operating cash flow.
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Mastercard and MTN Group on Tuesday announced that they have formed a partnership that will allow millions of MTN Mobile Money customers to pay for goods and services on global e-commerce platforms.
Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.
MTN South Africa has introduced new social bundles, including a plan that offers 10GB of data, with YouTube access, for R120.
MTN South Africa will have a second go at a mobile money offering in South Africa when a redesigned platform goes live to the public next month after more than a year of development.