In its 9-month financial statement, MTN Nigeria recorded a 28.9 per cent increase in its Profit-After-Tax. Meanwhile, Airtel Africa’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin grew by 43.9 per cent in its half-year 2020 earnings driven by an improved efficiency in Nigeria. David Adu, Senior Analyst at Meristem Securities joins CNBC Africa for more.
The Ghana cedi has depreciated against the US dollar by 9 percent to GH¢4.92 from GH¢4.43 in February 2018, the fastest rate of depreciation in one year. Emmanuel Zewu, Analyst at Groupe Nduom joins CNBC Africa from Accra to discuss the impact this is having on businesses.
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