MTN Group has warned it expects its headline earnings per share for the 2023 financial year to plunge by up to 80%.
A team of seven telecoms specialists has completed a “connectivity tour” through Africa that started at MWC in 2019.
MTN’s two most important operating units have embarked on a programme to modernise their core networks.
The deal with Mastercard expands the breadth of MTN’s Mobile Money services across 13 African markets.
The popularity of airtime advances is growing as consumers come under mounting financial pressure.
At the heart of the exodus is a scarcity of the dollars international businesses need to repatriate earnings.
The telecommunications industry is concerned that a request that it receive diesel rebates has been ignored.
Mastercard has acquired a minority stake in MTN Group Fintech, valuing the business at almost R100-billion.
MTN will support community policing forums to fight rampant theft and vandalism of equipment at its base stations.
Vodacom Group, including Safaricom, has topped 200 million customers for the first time – doubling from 100 million in 2018.