Browsing: MTN Nigeria

In-depth
Finally, some clarity from MTN

After two weeks of uncertainty in which its share price fell by 17,5%, MTN finally provided some clarity to shareholders on Monday. The announcement that CEO Sifiso Dabengwa had resigned with immediate effect led to the first substantial engagement with the market since the operator was issued

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MTN CEO Sifiso Dabengwa resigns

MTN Group CEO Sifiso Dabengwa has lost his job. Dabengwa will leave MTN with immediate effect, MTN said in a statement to shareholders early on Monday morning. His exit – which MTN is describing as a resignation

In-depth
More heads to roll at MTN: analysts

Analysts say more senior executives at mobile network MTN may have to face the music after the resignation of group CEO Sifiso Dabengwa. Dabengwa is the first executive casualty at MTN after the

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MTN statement on Sifiso Dabengwa

Following the surprise news on Monday morning that MTN Group CEO Sifiso Dabengwa is “resigning” with immediate effect, the telecommunications operator has issued the following statement: MTN wishes to inform the market that MTN’s

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Nigeria, SA yet to discuss MTN fine

Finance minister Nhlanhla Nene had not discussed the MTN-Nigeria crisis with a counterpart in Nigeria because a cabinet in that country had not yet been appointed, minister in the presidency Jeff

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SA, Nigeria relations remain ‘cordial’: Radebe

The recent US$5,2bn fine issued against MTN does not affect the cordial relations between South Africa and Nigeria, with government hopeful that talks between the mobile network and Nigerian authorities will bear fruit, a senior cabinet minister has said

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Parliament to probe MTN on Sim cards

The US$5,2bn fine levied against MTN in Nigeria for allegedly failing to disconnect 5,1m Sim cards in time for a regulatory deadline may result in a parliamentary probe in South Africa into whether

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MTN Zakhele listing to proceed

MTN said on Tuesday after markets closed that it will proceed with the listing of MTN Zakhele, the telecommunications group’s broad-based black economic empowerment scheme, as planned this

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