Reserve Bank governor Lesetja Kganyago signals a payments bill that will treat fintechs like banks on like activities.
Browsing: MTN
Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.
Group CEO Ralph Mupita wants an open system that routes tasks to the best frontier or open-weight AI models.
The banks cannot reach South Africa’s R197-billion informal retail market. Three other contenders think they can.
MTN Group faces a R3.9-billion write-down, cash it cannot move and a stake it cannot sell, just as Washington escalates.
MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
MTN South Africa cut airtime credit from 42% of prepaid recharges to about 34% over the past year.
MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
Cell C CEO Jorge Mendes has told TechCentral that the big two would cannibalise themselves chasing MVNOs.
Talks with Starlink and Amazon Leo cover resale and a possible direct-to-device play, says Cell C CEO Jorge Mendes.