Date | Title | Description |
18.09.2024 | Nigeria's Digital Divide: The Financial Exclusion of Persons with Disabilities | Nigeria stands at the crossroads of digital transformation. The nation is rapidly adopting technology, yet a significant segment of its population remains in the shadows. Persons with Disabilities (PWDs) are caught in a web of exclusion, un... |
18.09.2024 | Nigeria: How Abdulsalami Almost Denied Nigeria $280m Telecom Deal - Obasanjo | Lagos — ...Oketola's book writing effort despite hardship commendable, says NGE president
FORMER President Olusegun Obasanjo, yesterday, revealed how the former military Head of State, Gen. Abdulsalami Abubakar (retd), almost denied Nigeria... |
17.09.2024 | Debit cards are rapidly replacing cash in South Africa | The flexibility provided by cash – it is accepted just about anywhere – still makes it the most popular way to pay for goods and services in South Africa.
However, a recently published report by the Reserve Bank on the payments space shows ... |
13.09.2024 | Bookmarks | The music industry has a hard drive problem | These are the articles, videos, podcasts and more that caught the attention of TechCentral’s editorial team in the past 24 hours. Music industry’s 1990s hard drives, like all HDDs, are dying: The music industry’s reliance on 1990s hard driv... |
11.09.2024 | MTN concludes OpenRAN trial as it eyes network shift | MTN Group and Accenture have concluded a proof-of-concept OpenRAN trial that the two companies co-developed. According to a statement by Accenture on Wednesday, trials of the solution were conducted on MTN’s network in South Africa and Nige... |
06.09.2024 | The Tech Tides: Shifting Currents in Innovation and Industry | The tech landscape is a vast ocean, constantly shifting and evolving. Recent developments showcase the waves of change that are reshaping industries, from electric vehicles to action cameras. Companies are navigating these waters, adjusting... |
06.09.2024 | MTN's Leadership Under Scrutiny: A Tale of Allegations and Support | In the world of corporate giants, the balance of power can shift like sand. MTN Group, a titan in the telecommunications arena, finds itself navigating turbulent waters. At the center of this storm is CEO Ralph Mupita. Recently, the board o... |
06.09.2024 | MTN board rallies around CEO Ralph Mupita | MTN Group CEO Ralph Mupita
MTN Group said its board is closing an investigation into its CEO, Ralph Mupita, following an investigation that found no evidence of improper conduct.
The pan-African telecommunications provider, which is headqua... |
06.09.2024 | Bookmarks | The Mac mini is about to get a huge overhaul | These are the articles, podcasts and more that caught the attention of TechCentral’s editorial team in the past 24 hours. Bluetooth 6.0 arrives with new features and improved efficiency for wireless connectivity: Bluetooth Core Specificatio... |
06.09.2024 | South Africa: Telkom's $355m Sale of Tower Business Approved By Competition Tribunal | TLDR
Telkom sells its masts and towers business Swiftnet to Towerco Bidco, led by Actis and Royal Bafokeng Holdings, for R6.75 billion.
Competition Tribunal of South Africa approves the sale, emphasizing public interest concerns addressed b... |
06.09.2024 | Independent report finds no evidence of favoritism claims against MTN Group CEO | MTN CEO Ralph Mupita has been cleared of an allegation of giving preferential treatment to an unnamed female executive after an investigation by an independent law firm.
The misconduct allegations, filed by an anonymous complainant, made he... |
05.09.2024 | Airtel Nigeria's Strategic Leap: A New Era in Telecommunications | Airtel Nigeria is making waves. The second-largest mobile network operator in the country has secured three crucial telecom licenses from the Nigerian Communications Commission (NCC). This move is not just a step; it’s a leap into new reven... |
05.09.2024 | MTN is probing allegations raised against its CEO, Ralph Mupita | MTN Group CEO Ralph Mupita
MTN Group said it’s probing issues of alleged favouritism by CEO Ralph Mupita.
The Sunday Times newspaper reported on 1 September that an unspecified number of executives threatened to quit after complaining about... |
05.09.2024 | NIN-SIM linkage: NIMC denies server downtime claim, says over 10,000 centres are active | The National Identity Management Commission (NIMC) has denied reports that its servers have been suffering downtimes as Nigerians besieged telecom operators shops for the verification of their National Identification Number (NIN).
The Commi... |
04.09.2024 | A tale of two internets: from trade wars to 6G | The trade war between the US and China threatens to split the global internet in two, drawing distinct lines between East and West.
The “splinternet”, as this phenomenon has been named, is already observable at the application layer, where ... |
03.09.2024 | Bookmarks | Take a tour of the Horsehead Nebula | This image of the Horsehead Nebula from Nasa’s James Webb Space Telescope focuses on a portion of the horse’s “mane” that is about 0.8 light years in width. It was taken with Webb’s Near-infrared Camera. Credit: Nasa, ESA, CSA, Karl Misselt... |
02.09.2024 | Former MTN Group CEO Sifiso Dabengwa has died | Sifiso Dabengwa
Sifiso Dabengwa, the former MTN Group CEO and Eskom board member, passed away on Sunday after a protracted battle with cancer.
“With deep sorrow, we announce the passing of Raymond Sifiso Dabengwa, who succumbed to cancer th... |
02.09.2024 | MTN takes MoMo fintech battle to South Africa’s streets | MTN MoMo acting CEO Kagiso Mothibi. Image: MTN South Africa
MTN South Africa is pivoting its Mobile Money (MoMo) customer acquisition strategy in an effort to accelerate adoption.
According to Kagiso Mothibi, acting CEO of MTN MoMo South Af... |
02.09.2024 | Bookmarks | Showmax is making a South African version of The Office | Cast members of the original version of The Office
These are the articles, videos and more that caught the attention of TechCentral’s editorial team at the weekend. The Office to get South African adaptation on Showmax: The South African ve... |
28.08.2024 | Converge Global Concept Technologies Limited Collaborates with Red Hat to Accelerate Customer Success with Professional Services | Lagos, Nigeria – 21st August 2024
Converge, a leader in delivering Data Center, Cloud, Security, and Automation solutions, today announced it has joined Red Hat Partner Practice Accelerator, a specialized growth pathway for select partners ... |
23.08.2024 | R75-billion Turkcell, MTN bribery case back in court | Turkcell is back in court next week as it seeks to keep a bribery and corrpution case, in which it is seeking at least R75-billion in damages from MTN Group, alive in South Africa’s legal system.
The supreme court of appeal in Bloemfontein ... |
23.08.2024 | And now for the R200 4G ‘smartphone’ | The Jio Bharat V2, made by Indian telecommunications operator Reliance Jio, is a US$12 (R215) 4G device that makes smartphone features available at 2G prices.
The so-called “smart feature phone”, though it resembles a dumbphone with a keybo... |
22.08.2024 | The Digital Tug-of-War: South Africa's Broadband Dilemma | In the vast landscape of South Africa's telecommunications, a storm brews. The Association of Comms and Technology (ACT) has thrown down the gauntlet, demanding that over-the-top (OTT) service providers like Netflix step into the regulatory... |
21.08.2024 | IHS mulls Africa tower sales | Telecommunications tower operator IHS Holding is exploring a potential sale of its businesses in Rwanda and Zambia, people with knowledge of the matter said.
The New York-listed company plans to gauge interest from potential buyers for its ... |
20.08.2024 | Bookmarks | Teen builds nuclear fusion reactor for school project | Cesare Mencarini’s small nuclear fusion reactor. Image: Cesare Mencarini, via Interesting Engineering
From an anti-AI pledge by a leading creative software maker to fears about UK tech entrepreneur Mike Lynch after his luxury yacht sank, th... |
20.08.2024 | Internet giants must ‘pay to play’ in South Africa | The Association of Comms and Technology (ACT) has argued for the inclusion of so-called over-the-top (OTT) service providers like Netflix in the policy and regulatory regimes governing telecommunications in South Africa.
Speaking at the lau... |
19.08.2024 | MTN’s fintech business is flying | MTN Group’s fintech pivot is paying off for the Johannesburg-listed telecommunications giant.
Although its core business is showing underlying resilience, its latest results – for the six months to end-June 2024 – were splashed in red ink d... |
19.08.2024 | MTN Group swings to big loss, dragged down by Nigeria | MTN Group CEO Ralph Mupita
MTN Group, Africa’s biggest telecommunications operator, swung to a half-year loss on Monday, weighed down by devaluation of the Nigerian naira and operational challenges in Sudan.
The operator, with 288 million c... |
16.08.2024 | MTN, Omniaudio debut zero-rated sports radio in South Africa | MTN and media company Omniaudio have announced the launch of a “free-to-air” streaming sports radio platform that’s zero-rated for data consumption.
Called the Ultimate African Sports Audio channel, the streaming audio platform promises the... |
13.08.2024 | IHS Towers and MTN Group to deliver mobile connectivity | Following the announcement last week that IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”) and MTN Group (JSE: MTN) had renewed and extended communications infrastructure deals in Nigeria, as well as completing the renewal of... |
13.08.2024 | MTN moves to resolve dispute with tower operator IHS | MTN Group CEO Ralph Mupita
MTN Group has agreed to reopen talks with top continental tower operator IHS Holding in a bid to resolve governance issues that have placed a wedge between the companies for more than a year.
MTN, which is IHS’s b... |
12.08.2024 | The MTN-owned company building an API marketplace for developers | Few people outside the developer community know that MTN Group – Africa’s largest telecommunications company by subscribers – operates a software marketplace aimed at making life easier for programmers.
MTN in 2020 began contemplating the i... |
09.08.2024 | Tecnotree Corporation Half-Year Report 1st Jan – 30th Jun 2024 (unaudited) | Tecnotree Corporation Half-Year Report 1st Jan – 30th Jun 2024 (unaudited)
Fri, Aug 09, 2024 08:00 CET Report this content
Tecnotree Corporation Stock Exchange Release 9 August 2024 at 9:00 EEST
Tecnotree achieves positive free cash flow fo... |
07.08.2024 | Nigeria helps drag MTN into a big loss | MTN Group is going through an exceptionally difficult patch. The pan-African telecommunications operator warned on Wednesday that it expects to report a massive half-year less when it publishes its interim financial results to June next mon... |
02.08.2024 | South Africa: MTN Loses Special Tribunal Application | Telecommunications giant MTN has lost a Special Tribunal exception application in connection with the alleged irregular supply of mobile devices for COVID-19 screening to the Limpopo Department of Health.
This after the Special Investigatin... |
02.08.2024 | Nigeria: No Instruction to Tamper With Network Connectivity - Minister | The Minister of Digital Economy, Bosun Tijani has denied claims that the government instructed telecom companies to interfere with network services during the ongoing nationwide protests.
Amid reports of slow internet speeds from users of M... |
31.07.2024 | More pain for MTN in Nigeria | Nigeria’s awful macroeconomic conditions have once again punished MTN. In the first half its 2024 financial year to June, the Nigerian subsidiary of South Africa’s MTN Group reported a loss after tax of ₦519.1-billion (R5.7-billion).
Despit... |
12.07.2024 | Bandwidth bonanza: the undersea cables that connect South Africa to the world | The 2Africa cable being brought ashore in Amanzimtoti, near Durban
Connectivity into South Africa – and the rest of Africa – has exploded in the past 15 years and continues to grow at a rapid pace.
It’s a marked change over a relatively sho... |
03.07.2024 | Liberia: Lonestar Cell MTN Launches 'Shoes for School' Initiative | Liberia's leading GSM Company, Lonestar Cell MTN, launches the "Shoes for School" campaign here, targeting schoolchildren.
By Lewis S. Teh
Montserrado, Liberia, July 3, 2024--Lonestar Cell MTN has donated one hundred pairs of rain... |
23.06.2024 | Templars advises on Tolaram’s-Diageo N64 billion acquisition of Guinness Nigeria, marking law firm’s growing influence | Leading Nigerian law firm Templars has announced its role in advising Tolaram, a Singaporean conglomerate, on acquiring a 58.02% stake in Guinness Nigeria PLC from Diageo.
The deal, signed on June 11, 2024, includes long-term licensing and ... |
22.06.2024 | The AgriFoodTech Revolution: Capital Raises, Acquisitions, and Partnerships Driving Innovation in the Industry | The dynamic world of AgriFoodTech is experiencing a surge of activity this week, with a plethora of significant developments making waves across the sector. Notably, companies in the alternative meat space, such as THIS, Tender, and Ever Af... |
22.06.2024 | The virus Elon Musk is exporting back to South Africa | “Unique” is a dangerous word to bandy about. It risks being devalued to a level of pointlessness but, in the case of Elon Musk, it might just be appropriate.
“Being the only one of its kind; unlike anything else” comes very close to describ... |
19.06.2024 | Unmasking our re-elected president: Who is Cyril Ramaphosa? | Cyril Ramaphosa – a closer look. Images by WIkimedia Commons.
South Africa’s parliament has re-elected Cyril Ramaphosa as president following a coalition deal between the governing African National Congress (ANC) and opposition parties. Her... |
17.06.2024 | AU ministers adopt Continental AI strategy for digital transformation in Nigeria, others | Story Highlights African Union ministers have endorsed a Continental Artificial Intelligence (AI) Strategy for digital transformation across Africa. The strategy aims to promote Africa’s AI capabilities and ensure inclusive development. Thi... |
04.06.2024 | Ambani faces pushback over 5G deal from parliamentary minority in Ghana | - |
29.05.2024 | Telecom operators seek 5-6 year moratorium on spectrum purchases after 2025 | - |
27.05.2024 | Ambani sets sights on African telecom market, plans to develop 5G infra | - |
23.05.2024 | MTN elevates talent growth with ODILO, the award-winning Edtech global company | Madrid, 21 April 2024 – Leading technology and telecommunications company, MTN, has significantly enhanced its professional development capabilities with the successful implementation of ODILO’s Unlimited Learning Ecosystem. The ecosystem d... |
22.05.2024 | S Africa polls: How Mandela's once revered ANC lost its way with scandals | - |
21.05.2024 | MTN elevates talent growth with ODILO, the award-winning Edtech global company | Madrid, 21 April 2024 – Leading technology and telecommunications company, MTN, has significantly enhanced its professional development capabilities with the successful implementation of ODILO’s Unlimited Learning Ecosystem. The ecosystem d... |
20.05.2024 | Commission argues Vodacom, Maziv deal must be blocked | Competition Tribunal hearings into the proposed merger between Vodacom and Maziv kicked off in Pretoria on Monday.
The Competition Commission was first to present, using the hearings to reiterate its view that the merger of Vodacom and fibr... |
17.05.2024 | Liberia: Lonestar Cell MTN Launches 'Momo Heroes of Change' Part II | Monrovia — Leading GSM Company Lonestar Cell MTN launches the 2nd edition of the 'MoMo Heroes of Change' campaign.
Liberia's leading telecommunication provider, Lonestar Cell MTN, has, for the second time, launched the MoMo Hero of Change f... |
15.05.2024 | Sudan: Telecommunications Blackout in Sudan: Parties to the Conflict Must End Collective Punishment and Enable Access to Life-Saving Telecommunications | In the midst of the devastating humanitarian crisis that is fast deteriorating in Sudan, we, representing 94 humanitarian, civil society, human rights organizations and members of the #KeepItOn coalition, urgently appeal for the re-establis... |
14.05.2024 | Currency woes knock MTN first quarter results | MTN Group, Africa’s biggest telecommunications operator, reported an 18.8% decline in its first-quarter service revenue, weighed down by the performance of MTN Nigeria.
South Africa-headquartered MTN, with 288 million subscribers in 18 mark... |
11.05.2024 | Seamfix: Revolutionizing Digital Identity Solutions in Africa | Seamfix, a pioneering provider of digital identity solutions based in Nigeria, has recently secured a substantial $4.5 million in funding from Alitheia IDF. This funding injection is set to propel Seamfix's expansion into five additional Af... |
10.05.2024 | To expand digital ID services throughout Africa, Nigeria’s Seamfix raised $4.5 M funding | In order to expand its digital ID and credential services into five more African countries, enhance data flow—which is essential for continental trade and integration—and scale its technological infrastructure, Nigerian provider of digital ... |
03.05.2024 | The 5-point plan to solve MTN’s Nigeria woes | A sign outside MTN Group’s head office in Johannesburg. Image: MTN
MTN Nigeria has outlined a five-point strategy to address the network operator’s “negative asset position” in its largest market.
The strategy was outlined to investors at a... |
30.04.2024 | How much MTN bosses personally own of the company | MTN Group CEO Ralph Mupita
MTN Group requires that its executives buy and hold shares at a level in proportion to their annual fixed packages to “align shareholder and executive interests”.
The JSE-listed pan-African telecommunications grou... |
30.04.2024 | MTN Nigeria battling as macroeconomic headwinds persist | MTN Nigeria CEO Karl Toriola
MTN Group’s Nigerian subsidiary continues to struggle, buckling under high inflation and the continued sharp devaluation of the local currency, the naira.
MTN Nigeria reported losses after tax of ₦392.7-billion ... |
30.04.2024 | Severed West African internet cables repaired | The Wacs cable, which was severed off the west coast of Africa in mid-March — along with three other submarine internet cables — is expected to be repaired by today (Tuesday, 30 April 2024).
Wacs and the other cables – Sat-3, Ace and MainOn... |
29.04.2024 | MTN warns fraudsters are impersonating its chairman | Mcebisi Jonas. Image: MTN
MTN Group on Monday issued a warning that criminals are impersonating the chairman of its board of directors, Mcebisi Jonas, seeking to extract money from their unsuspecting victims.
The JSE-listed telecommunicatio... |
15.04.2024 | MTN MoMo expands its Africa remittance network | MTN has expanded its Mobile Money (MoMo) fintech offering’s remittance network by adding 25 new wallet corridors across 10 African countries, taking its total remittance network on the continent to 200 million wallets across 24 countries.
“... |
11.04.2024 | StarNews Business competition invites applications from Nigerian startups | The Global Black Economic Forum (GBEF) and African video streaming platform StarNews Mobile have announced a call for applications for the StarNews Business Competition.
The initiative, which is being carried out by StarNews Mobile and GBEF... |
02.04.2024 | Emerging Technologies in Edtech: The Role of Big Data in Advancing Education | Big data—two words that define the vast amount of information available online as the internet becomes widely available. Since 2020, educational organizations, policymakers, and other players in this space have had access to more data than ... |
28.03.2024 | MTN offloads two markets in West Africa to Telecel | Telecel Group has bought two West African units from MTN Group as it scales operations ahead of an initial public offering in three years.
The Africa-focused telecommunications company is buying MTN’s debt and equity in Guinea-Bissau and Gu... |
28.03.2024 | YouScribe Launches in Ghana in Partnership with Digital Virgo and MTN and Strengthens its Presence in English-Speaking Africa | YouScribe, the largest digital reading library on the African continent with over one million subscribers, announces the launch of its services in Ghana in partnership with mobile payment expert Digital Virgo and MTN. This marks a significa... |
28.03.2024 | MTN Group hires Mike Silber in senior regulatory role | Mike Silber
Mike Silber is joining MTN as group executive for regulatory affairs, effective 1 April. The well-known ICT industry veteran and specialist attorney was previously with Liquid Intelligent Technologies, where he was group chief r... |
25.03.2024 | MTN says it must hike tariffs in Nigeria after naira collapse | MTN Group CEO Ralph Mupita
MTN Group plans to ask for regulatory support in the form of industry-wide tariff increases for voice and data services in Nigeria as part of a multipronged strategy to help offset some its losses in that market a... |
25.03.2024 | Nigeria naira woes slam MTN | Africa’s biggest telecommunications operator MTN Group on Monday reported a 72.3% tumble in full-year profit as a sharp devaluation in the Nigerian naira pushed its biggest unit MTN Nigeria to a loss.
South Africa-headquartered MTN said its... |
25.03.2024 | MTN SA capex tops R10-billion amid load shedding fight | MTN South Africa invested R10.1-billion in its network in 2023 as it fought the impact of severe load shedding.
As a result, it said it has managed to offset the risk of customers leaving for rival networks, while delivering what MTN Group ... |
25.03.2024 | MTN Mobile Money is booming | MTN Group increased its fintech transaction volumes by a third in its latest financial year, as it closes a deal with Mastercard that values the business at nearly R100-billion.
The African operator now has 72.5 million active users of its ... |
20.03.2024 | Telkom in talks to sell its towers to Actis | Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, according to people familiar with the matter.
The deal would also include a smaller, local partner, according to the people who declined to ... |
19.03.2024 | Tappi’s Collaboration with MTN Spurs Expansion in Cote d’Ivoire | Share this:
Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
19.03.2024 | Africa: Why Internet Disruptions Have Rocked Parts of Africa | Damages on multiple undersea telecommunication cables are the cause of a far-reaching connection outage that rocked parts of the African continent last week, with operators and Internet watch groups warning that the situation could take wee... |
15.03.2024 | EXPLAINER: South Africa’s internet outage – here’s what happened | Damage to four submarine communications cables off the west coast of Africa disrupted internet services across the continent on Thursday. Image: WIRED / Wikimedia Commons
Damage to at least four submarine communications cables off the west ... |
15.03.2024 | Massive Africa internet outage could take weeks to fix | Disruption to internet services for millions of users in Africa could take weeks or even months to fix, following damage to undersea cables off the continent’s west coast.
Eight West African countries were suffering a second day of major co... |
15.03.2024 | Cut submarine cables cause web outages across Africa; 6 countries still affected | Enlarge / View of Le Plateau and Ebrie Lagoon from the top of the Cathedrale St-Paul in Côte d'Ivoire (Ivory Coast), one of the affected countries.
Getty reader comments 22
Thirteen countries across Africa experienced Internet outages on Th... |
13.03.2024 | Заработать по-нигерийски | - |
06.03.2024 | Why MainOne’s internet submarine cable in Akwa Ibom comes with high expecations | Nigerian telecommunications company, MainOne has launched an Internet submarine cable in Akwa Ibom, Nigeria. The subsea cable, which is owned by 2Africa Consortium, led by Meta and managed by MainOne, is part of a greater plan to expand the... |
09.01.2024 | Extended Ericsson and MTN partnership to financially empower millions across Africa | Extended Ericsson and MTN partnership to financially empower millions across Africa
Tue, Jan 09, 2024 08:00 CET Report this content
Highlights MTN’s Ambition 2025 Strategy commitment, with strong emphasis on Fintech utilizing the Ericsson W... |
09.11.2023 | MTN sees end to Nigeria pain | MTN Group CEO Ralph Mupita
MTN Group expects Nigeria to overcome the short-term “pain” of President Bola Tinubu’s economic reforms by the middle of next year, helping bolster Africa’s biggest wireless company’s business.
CEO Ralph Mupita sa... |
07.11.2023 | MTN planning to leave three African markets | MTN Group wants to exit Afghanistan by the end of next month, a move that’s been coming for some time, with Guinea-Bissau, Guinea-Conakry and Liberia likely next in line to go.
“The process to exit Afghanistan is in the regulatory approval ... |
11.09.2023 | Fintech Leads For New Unicorns In August And Two Companies Prepare To Exit | 10 Shares Email Facebook Twitter LinkedIn
Nine companies joined The Crunchbase Unicorn Board in August 2023, with three of those companies in financial services.
And two highly valued unicorns — Instacart, among the top 10 most valuable pri... |
14.08.2023 | MTN shares pop 10% on first-half results, fintech valuation | MTN shares jumped 10% in morning trading in Johannesburg on Monday after it reported “solid” interim results and said its fintech business had been valued at US$5.2-billion (R99-billion).
CEO Ralph Mupita said the group achieved a “solid pe... |
14.08.2023 | MTN spends big to escape load shedding hell | MTN South Africa appears to be weathering the impact of Eskom’s load shedding, reporting a solid improvement in interim service revenue. But the spend has knocked it earnings.
The company, which is owned by JSE-listed MTN Group, said servic... |
14.08.2023 | MTN fintech business valued at R99-billion as Mastercard eyes stake | MTN Group on Monday said it had signed an initial agreement with global payments giant Mastercard to sell a minority stake in its fintech arm.
MTN had been trying to unlock value in its financial technology and payments arm amid crippling p... |
14.08.2023 | Mastercard to purchase a minority stake in MTN’s $5.2B fintech business | Mastercard has agreed to purchase a minority stake in the fintech division of MTN Group, Africa’s largest cellphone provider, which it values at $5.2 billion. The signing of the formal investment agreements will likely occur very soon as bo... |
23.06.2023 | MTN affiliate IHS ‘fears hostile takeover’ | IHS Holding is consulting with JPMorgan Chase & Co for advice regarding an escalating standoff with its largest shareholders over how the African tower operator is run, according to people familiar with the matter.
The move comes as man... |
11.05.2023 | MTN plans price hikes as inflation soars | MTN Group is planning price increases in certain markets, as Africa’s largest wireless carrier battles with inflationary pressures on the continent.
The telecommunications company, which operates across 19 countries including South Africa, ... |
11.05.2023 | MTN battles Eskom’s deepening crisis | MTN South Africa’s network availability came under severe pressure in the first quarter of the year due to ongoing power outages across the country: there were 90 days of load shedding in Q1 compared to 14 days in the same period in 2022.
A... |
28.04.2023 | MTN CEO Ralph Mupita takes a R15-million pay cut | MTN Group CEO Ralph Mupita
MTN Group CEO Ralph Mupita earned almost R15-million less last year than he did in 2021, but still walked away with R69.3-million in remuneration – excluding new long-term share awards that will vest later.
The JS... |
13.03.2023 | MTN takes R695-million hit from load shedding | MTN Group has moved to quantify the impact of load shedding on its South African operation’s earnings, saying on Monday that Eskom’s woes cost it R695-million in Ebitda in the 2022 financial year.
The group said this is 3.4% of MTN South Af... |
13.03.2023 | MTN Group CEO: South Africa risks becoming a failed state | MTN Group CEO Ralph Mupita
South Africa risks becoming a “failed nation state” unless the government resolves challenges including an energy crisis, corruption and extreme unemployment, said MTN Group’s CEO on Monday.
The pan-African teleco... |
06.02.2023 | Ghana withdraws huge tax claim against MTN | MTN Group said a R13-billion tax bill it received from the Ghanaian government has been scrapped.
Ghana’s decision came after “extensive and productive discussions” during a 21-day negotiation period between the West African nation’s author... |
15.12.2022 | MTN South Africa announces landing of 2Africa subsea cable
TechCabal’s 2021 Year-End report
Success! | MTN South Africa has announced that it has landed the 45,000 km 2Africa subsea cable in partnership with MTNGlobalConnect, MTN Group’s digital wholesale and infrastructure services company, and the 2Africa Consortium.
The landing, which too... |
16.09.2022 | Season 3 of Award-Winning Interactive Series The Mic: Africa Premieres this Sunday | Season 3 The Mic: Africa
The top talent competition on the Continent reaches new heights with MTN
The Mic: Africa harnesses the power of artistry and technology to uplift a new generation of creative voices at tbtm.app,”
— Ghana-born TBTM S... |
16.08.2022 | MTN receives $35 million binding offer for its Afghanistan business | South African mobile network operator MTN has announced that it has received a $35 million binding offer from an undisclosed buyer for its Afghanistan business. The completion of the deal will see the company completely phase out its presen... |
16.08.2022 | MTN’s latest financial results show strong growth of fintech business | South African mobile network operator MTN’s latest financial results showed a solid 14% growth of its fintech business over the first 6 months of 2022. The volume of mobile money transactions increased by 31.5% year-on-year while the value ... |
10.08.2022 | AMP Global Partners With MaC Venture Capital Raising $5.6 Million To Expand Its Blockchain-Based Video Platform | Derrick N. Ashong, AMP Global's founder and CEO, created the Take Back the Mic (TBTM) platform Amp Global |
30.06.2022 | How to borrow airtime and data from MTN in Nigeria, Ghana, South Africa, and Uganda | You can borrow airtime and data from MTN when you run out. You can use the borrowed airtime to make calls or purchase data bundles if you would rather not borrow data directly. Buying data bundles with airtime loans might be more cost-effic... |