Telecommunications group MTN has rubbished reports that it plans to list in Nigeria, saying that it is only considering a listing of its subsidiary, MTN Nigeria. The JSE-listed group said in a
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The historic combination of favourable macroeconomic conditions for Africa began to reverse in 2013, with a weakening of most commodity prices as well as the taper tantrum in the global financial
MTN South Africa has taken an impairment charge of R592m related to over-spending on handsets in 2015. Parent MTN Group revealed in its annual results, published on Thursday, that
Cape Town audiologist Gail Jacklin, who lost over R200 000 in a Sim-swap scam earlier this year, says she is emotionally drained and has lost trust in both First National Bank and MTN. Earlier this week, private consulting forensic
South African telecommunications group MTN, along with investment firm Rocket Internet and investment bank Goldman Sachs, have announced they are pumping €300m, or more than R5bn
MTN’s video-on-demand strategy in the South African market has not worked as expected and will now be radically overhauled. That’s the word from MTN South Africa CEO Mteto Nyati, who was speaking
MTN’s South African subsidiary increased its profit margin, calculated using earnings before interest, tax, depreciation and amortisation, by 1,3 percentage points to 33,4%, suggesting a solid turnaround in the operation, which has underperformed in recent years
Despite the hellish time it had in Nigeria in the final quarter of its 2015 financial year – facing a fine of US$3,9bn from regulators there – telecommunications group MTN has announced it is hiking its final dividend to R8,30/share, up by 3,8% on 2014’s payout.
A forensic investigator has alleged an inside job at First National Bank and MTN in a Sim-swap scam that pilfers customers of hundreds of thousands of rands. Private consulting forensic
Communications regulator Icasa “failed in its statutory obligation” to promote competition in South Africa’s telecommunications industry when it approved the transfer of Neotel’s operating and spectrum licences to Vodacom, Cell C CEO