South African stocks climbed 0.6% in the final session of 2018, paring losses for a year that’s still the market’s worst since 2008.
Christmas has come early for MTN Group. The telecommunications operator’s shares are likely to soar when markets reopen on Thursday in Johannesburg after it announced it has settled a multibillion-dollar dispute in Nigeria.
The labour court has issued an order, with the consent of ex-Vodacom exployees, to enforce their restraints of trade after reports emerged in November that they were working with rival MTN South Africa.
With a little over two months left for South Africa’s telecommunications operators to implement Icasa’s new data-expiry rules, MTN said on Monday that it has begun complying with them