Tag: MTN Group
This special broadcast on the topic: Why Investing in Digital Infrastructure Post-COVID-19 is Critical to Africa’s Economic Recovery” brings together prominent speakers from the four corners of Africa. It also sees the announcement of the Africa50 Innovation Challenge Finalists....
“In times of extreme market volatility (and corrections), it is often unnecessary for investors to look far down the quality curve to find attractive opportunities that will generate significant returns in future. This is oftentimes the correct strategy as those economic uncertainties causing market volatility can have far more dire consequences for lower-quality businesses,” writes Stephán Engelbrecht, Fund Management.
MTN reported muted revenue growth laying the blame on consumers being in a current difficult position. CNBC Africa's Fifi Peters spoke to MTN CFO, Ralph Mupita, about a way forward for the company and how they dealing with regulators pushing for cheaper prices.
CNBC Africa's Fifi Peters spoke with MTN CFO, Ralph Mupita about the company’s full year results which saw a 9.7 per cent growth in its revenue boosted by a 12.6 per cent increase in Nigeria and 22.9 per cent in Ghana.
MTN reported full year results with a 9.7 per cent growth in its revenue boosted by a 12.6 per cent increase in Nigeria and 22.9 per cent in Ghana. MTN Group president and CEO Rob Shuter spoke to CNBC Africa's Fifi Peters about the numbers and the decision to step down from his role at the end of his fixed four year contract in March 2021.
MTN Group Ltd, Africa’s largest mobile network by subscribers, said on Wednesday Chief Executive Officer Rob Shuter would step down from his role at the end of a four-year term in March 2021.
MTN’s mobile money service will go live in January in South Africa, allowing customers to send, receive, save money and pay for goods using their mobile phones, the mobile operator said on Wednesday.
Chief Financial Officer Ralph Mupita said on a call with reporters that the bid for MTN’s stake in the business had been unsolicited, and it was for now no longer being held for sale.