Browsing: MTN

South Africa’s MTN Group has won an early victory in its legal battle with Nigerian authorities, securing the right to transfer money out of the West African nation after the federal government sought to freeze its accounts. This Day newspaper reported that Justice

The South African National Consumer Union is urging consumers to be aware of their smartphone charges after receiving complaints from users with bills running over R20 000. Sancu vice chairperson Ina Wilken said that in 2015, the union received nearly 500 cellphone-related

Far from pulling out of Nigeria over the record-setting US$3,9bn fine imposed on it by regulatory authorities in the West African nation, MTN has reportedly gone ahead with the acquisition of

Television in South Africa turns 40 years old on Tuesday. The SABC TV service marks its 40th anniversary since the very first nationwide broadcast on 5 January 1976 when Dorianne Berry and Heinrich Marnitz welcomed viewers to the “opening night” of TV in the country

Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months

The Nigerian government is playing hardball with MTN, demanding that the telecommunications operator pay a US$3,9bn (R59bn) fine for failing to cut off 5m unregistered Sim cards by 31 December, according to a report. Bloomberg reported that the

In the last TalkCentral of 2015, your hosts Duncan McLeod and Regardt van der Berg chat about MTN’s decision to appeal to the Nigerian courts to have its record-setting fine reduced. Also this week, they discuss the news that Vodacom must withdraw

MTN has decided to take the legal route to challenge a US$3,9bn fine imposed on it by the Nigerian Communications Commission. This is after it exhausted all other options to have the fine reduced, it said in a statement to shareholders on the JSE’s stock

South Africa’s MTN Group has secured two important licences in West Africa, one in Ghana and the other in Côte d’Ivoire, at a combined cost of R3,5bn.
The group said it has secured a 15-year 4G/LTE licence in the 800MHz “digital dividend” spectrum band in Ghana for a purchase