MTN Group is opening an application programming interface marketplace for software developers. Called Chenosis, it’s meant to allow developers and businesses to discover and subscribe to open APIs.
Telkom Financial Services managing executive Sibusiso Ngwenya joins the TechCentral podcast to unpack the news at the weekend that the company is launching a range of financial services products.
Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.
Rob Shuter, the outgoing president and CEO of MTN Group, will join BT Group as CEO of the British company’s Enterprise unit and will become a member of BT’s executive committee.
MTN Group shares fell on the JSE on Friday after Africa’s largest telecommunications operator by subscribers said it was scrapping an interim dividend payment to shareholders.
MTN Nigeria’s profit margin, measured using Ebitda, fell by two percentage points to 51.3% in the six months to June 2020, partly due to accounting changes and Covid-19.
A man who ripped off equipment from mobile phone base stations in the Western Cape has been sentenced to 500 years in prison, though he will spend no more than 13 years behind bars in practice.
MTN Group expects to report an increase in earnings per share of at least R3.45, or 140%, in the six months to the end of June 2020.
MTN Nigeria expects its profit margin to dip by almost half a percentage point this year as its leased tower services feel the impact of weaker currency exchange rates, it said on Thursday.
The high court in Pretoria has overturned a controversial 2019 decision by former trade & industry minister Rob Davies that gave Telkom privileged black economic empowerment status by the government.
