Browsing: Ralph Mupita

MTN South Africa has delivered a reasonably good set of results for the six months to 30 June 2024.

MTN Group has agreed to reopen talks with top African tower operator IHS Holding over a governance dispute.

MTN Group reported an 18.8% decline in its first-quarter service revenue, weighed down by MTN Nigeria.

Regulatory support and reduced US dollar exposure have been identified as key to improving MTN Nigeria’s balance sheet.

MTN Group requires that its executives buy and hold shares at a level in proportion to their annual fixed packages.

Macroeconomic pressures are stifling financial performance while regulatory interventions restrict subscriber growth.

MTN intends asking for regulatory support in the form of industry-wide tariff increases for voice and data services in Nigeria.

Executives at MTN Group have received millions of rand in shares as part of the firm’s performance share plan.

MTN Group expects Nigeria to overcome the short-term “pain” of President Bola Tinubu’s economic reforms by next year.

MTN South Africa’s margins remain under pressure as the company invests in making its network resilient against load shedding.