President Cyril Ramaphosa has defended the ANC’s long-held policy of a “mixed economy” for South Africa, one where there is a big role for the state. History suggests he’s wrong.
A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Now the continent’s biggest company, Naspers just named its first woman, and first black person, as CEO.
MTN Group has become a battleground issue for Nigerian politicians vying for ascendancy ahead of a national election in February, with $10-billion worth of claims made against the South African wireless carrier.
Despite the enormous run-up in global technology stocks in the past five years – and the recent stomach-churning volatility – the market isn’t repeating the dot-com euphoria of 1999 and South African investors would
MTN Group is near an agreement with the Iranian government to acquire a 49% stake in a state-owned Internet provider as Africa’s biggest wireless carrier by sales seeks to expand in a fast-growing yet politically challenging
MTN Group appointed Felleng Sekha to the newly created position of head of regulatory affairs, part of a management shake-up at the wireless carrier following a record US$1bn fine in Nigeria, according to three people familiar with
MTN Group shares slumped the most in three months after Nigerian lawmakers raised new allegations about the wireless carrier, this time accusing the company of illegally moving almost US$14bn out of its largest market. Nigeria’s senate
MTN Group, Africa’s largest mobile-phone operator by sales, rose for a second day after raising more than US$1,3bn (R18,6bn) in loans before the potential sale of bonds. The shares jumped 2,2% to R121,49 as of 12.29pm in Johannesburg
MTN Group shares gained the most in more than five weeks after Africa’s biggest mobile phone operator booked the full value of a 330bn naira (US$1bn) fine in Nigeria, drawing a line under a 10-month saga that
Vodacom Group said customer numbers fell in the first quarter as authorities in international markets that include Tanzania and the Democratic Republic of Congo made changes to the way the company registers subscribers. Group active customers