MTN Group shares slumped to a six-year low after a Nigerian senator claimed the wireless carrier may have illegally moved more than the previously estimated US$14bn out of the country, citing early findings
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MTN Group and financial services provider MMI Holdings have announced they’re creating a new joint venture, branded aYo, to deliver micro insurance solutions across Africa. Insurance penetration is low
Telecommunications industry veteran Enzo Scarcella is leaving his role as chief marketing officer at Telkom after spending three years at the company. Prior to joining Telkom, Scarcella was the managing executive at
Apple has hitched itself to music celebrities to pitch Apple Music, the US$10/month (South Africa: R59,99/month) digital service launched a year ago. There was the very public catering to Taylor Swift. Apple broke out its
What more is there to say about MTN? It’s been an especially horrific 12 months for the company (and shareholders). But the group is sitting with a very large problem (to be fair, it has many others too): it is
A planned sale of shares in Vodacom by the Public Investment Corp to black investors has been abandoned, according to two people familiar with the situation. The proposed sale by Africa’s biggest
Inside a packed Vodafone Group store in the Zambian capital of Lusaka, a group of the city’s tech-savvy students wait in line for wireless modems they hope will transform their ability to surf the Internet. They don’t even
Safaricom, the Kenyan mobile phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing
Africa’s start-ups are seizing an opportunity they say Google and Apple have missed – making apps for non-smartphones. In a region where the average customer doesn’t own a smartphone or a bank card, hundreds of millions
BT Group should be permitted to retain ownership of the UK’s main broadband network, but it needs to give rivals better access to it, regulator Ofcom said. Ofcom called on BT, the UK’s former telecommunications monopoly