Stephen Van Coller, EOH Holdings’ new CEO, said he will use a R1-billion cash injection from a stake sale to black investors to pay for acquisitions and decrease the group’s bank debt.
Browsing: MTN
MTN Group, facing a combined $10-billion in claims from Nigerian authorities, has said it may no longer seek to raise capital through an initial public offering on the country’s stock exchange.
The CSIR’s report on how much spectrum the agency believes should be assigned to government’s planned wholesale open-access network has finally been released.
After coming out all guns blazing, Nigeria’s central bank has surrendered more ground in its tussle with MTN Group by giving a reprieve to one of the banks accused of illegally moving $8.1-billion out of the country.
Standard Bank Group has withdrawn a cautionary announcement to shareholders related to demands placed on it by Nigeria’s central bank over the alleged illegal repatriation of $8.1-billion in funds by MTN Group.
On TalkCentral this week, Duncan McLeod and Regardt van der Berg unpack Naspers’s decision to unbundle MultiChoice to shareholders and list it on the JSE. What does this mean for the future of the pay-television operator?
MTN South Africa is pulling the plug on its popular zero-rated Twitter offering, saying it is no longer feasible to offer the service without charging for data use.
Telecommunications & postal services minister Siyabonga Cwele will issue a policy direction to communications regulator Icasa to license “high-demand” broadband spectrum soon.
MTN Group’s shares rose the most in more than six months after the Nigerian central bank softened its stance over claims that the carrier illegally transferred $8.1-billion out of the country.
Nigeria wants to end a dispute with MTN Group over a claim that the carrier illegally transferred $8.1-billion out of the country, an indication relations between the two parties have started to thaw.