Two MTN CEOs leaving in September

2019-09-10 14:08

MTN has announced that two of its CEOs - one in Zambia and one in Cote d'Ivoire - will leave the company end of September.

'I am sorry that men are failing our country' - MTN boss to his employees

2019-09-07 08:35

MTN SA's CEO Godfrey Motsa has penned a letter to his employees about the scourge of xenophobic violence and the assault on the country's women.

MTN beefs up security as battery theft threatens network coverage

2019-08-28 18:30

The public has been asked to continue to blow the whistle on those involved in the theft of cellphone batteries from towers.

Crisis-hit Cell C owes MTN almost R400 million – and MTN is losing hope of getting the money back

2019-08-08 11:20

MTN's share price tanked on Thursday as the market digested its results.

Investec set to appoint ex-MTN, Bank of America executives to its board

2019-07-02 08:44

Investec plans to appoint former MTN executive, Philisiwe Sibiya, and ex-Bank of America investment banker, Henrietta Baldock, to its board, according to a person with direct knowledge of the matter.

MTN, Vodacom given boost by promise of long-delayed spectrum

2019-06-21 19:32

Vodacom and MTN, the country's two biggest mobile-phone providers, have long been demanding the opportunity to bid for new spectrum to extend high-speed internet to new customers and increase data revenue.

MTN appoints new head of legal

2019-05-27 21:28

MTN has appointed Kelebogile Modise as its new group chief legal counsel, replacing Michael Fleischer who will retire in July 2019.

MTN faces new Nigeria headache as local unit probed over listing

2019-05-25 13:59

MTN’s Nigeria listing is being investigated by local authorities, the latest in a series of disputes in the wireless carrier’s largest market.

MTN Nigeria listing set for Thursday, valuing it over R70bn

2019-05-15 09:55

MTN Group said its long-awaited Nigerian listing will go ahead on Thursday with the price set at 90 naira, about R3.55 per share.

MTN Nigeria said to consider Lagos share listing next week

2019-05-08 19:19

MTN’s Nigerian unit may list shares in Lagos next week, according to two people familiar with the matter, almost three years after agreeing to the move as part of a deal with local regulators.

 

SA companies count the costs of xenophobic attacks

2019-09-09 15:52

A total of four MTN outlets in Nigeria were last week damaged by retaliatory attacks to ongoing violence against foreign nationals in certain parts of South Africa, the telecom giant's CEO Rob Shuter has said.

MTN launches mobile money operations in Nigeria

2019-08-29 21:47

Africa's largest telecommunications service provider MTN on Thursday became the first firm in the sector to launch a mobile money operation in Nigeria, a move opening up transfers to millions of people without bank accounts.

MTN had high hopes for its super-cheap R249 phone - so far, fewer than 90,000 have been sold in SA

2019-08-21 08:47

MTN started selling its new super-cheap "smeature phone" in April this year.

Vodacom, MTN made to wait for new spectrum as SA targets smaller firms

2019-07-27 11:19

Vodacom and MTN's long wait for the auction of new spectrum in South Africa is set to continue after the government made clear the priority is to increase opportunities for smaller companies.

Golden six months for SA stocks defy economic gloom

2019-07-01 06:00

South African investors have been caught up in a dramatic contrast in the first half of 2019: a stumbling economy, but a stock market that raced to its best start in 12 years.

PIC forced board shakeup at MTN in push for fewer disputes

2019-06-04 08:32

MTN Group’s biggest shareholder is pushing for changes at Africa’s largest mobile-phone company to avoid the regulatory, legal and political disputes that have cut its share price by more than half over the past four years.

Last week was horrifying for big SA businesses and their bosses — here’s how the losses are piling up

2019-05-27 05:30

So far, 2019 has been disastrous for investors in most of South Africa’s largest listed companies.

MTN Nigeria needed just 16 minutes to reverse market fortunes

2019-05-16 19:02

After a lengthy ceremony of speeches, congratulations and rounds of applause delayed the start of trading for more than half an hour, it looked as though MTN Nigeria Communications may not trade at all with the market due to close for the day at 14:30.

MTN is raising R8bn in Nigeria for expansion

2019-05-14 08:31

MTN Group's Nigerian unit plans to raise about R8bn this year from a variety of sources including bank loans and bonds to expand operations in its biggest market.

Mcebisi Jonas announced as next MTN chairperson

2019-05-03 10:57

The MTN group announced that former deputy finance minister Mcebisi Jonas has been appointed its chairperson-designate.

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