A Nigerian court is expected to hand down judgment on Tuesday in the ongoing battle between the nation’s attorney-general and MTN, with the AG claiming the group owes $2-billion in unpaid duties and taxes.
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MTN Group has asked the Nigerian Securities & Exchange Commission for permission to proceed with a listing of its shares.
On the podcast this week, Duncan McLeod and Regardt van der Berg discuss Takealot’s decision to open a flagship customer collections centre in Midrand and two dozen other pick-up points around the country.
Former deputy finance minister Mcebisi Jonas will replace Phuthuma Nhleko as chairman of MTN Group at the end of the year. At the same time, former President Thabo Mbeki will head a new advisory board.
Communications minister Stella Ndabeni-Abrahams has dashed hopes for the urgent licensing of new broadband spectrum to mobile operators.
MTN Group plans to sell at least half of its R9.4-billion interest in newly listed Jumia Technologies, according to people familiar with the matter.
Vodacom said on Monday that “unquestionably the most significant obstacle to reducing input costs and, by extension, data prices is the fact that no new spectrum has been allocated” to operators for the past 14 years.
South Africans are not satisfied with their mobile network providers, particularly the biggest provider, Vodacom.
It’s not MTN’s biggest operation, but Ghana is nonetheless an important market for the group. And the latest results from the West African subsidiary are likely to cheer investors.
The ham-fisted way in which Vodacom implemented Icasa’s data regulations damaged the operator’s reputation and drove consumers to threatening to quit the network, according to new research.