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LATEST NEWS FOR MTN Group Ltd.  

MTN Group Ltd. is an emerging markets mobile operator with a clear vision to lead the delivery of a bold, new digital world. At end December 2019 it had 251 million customers across Africa and the Middle East. The Group offers voice, data and digital... [more info]

MTN says Nigeria operating licence renewal at advanced stage

1 Mar 2021 /  Chijioke Ohuocha, Reuters  
Licence would be for another 10 years.

Corporate governance wins and fails, and some surprising results

1 Mar 2021 /  Ann Crotty  
A look at Capitec; better-than-expected results from Anglo, Sasol, and the JSE; and trouble for Quantum Foods and MTN.

MTN to appeal Syrian court’s ruling

26 Feb 2021 /  Tanishaa Nadkar, Reuters   3
To place the company's Syrian business under judicial guardianship and is also considering other steps.

Market Watcher

9 Feb 2021 /  Nompu Siziba  
Nesan Nair – portfolio manager of Sasfin Securities on broad positive sentiment driving markets higher, investing in mid-caps and cryptocurrencies, what's driving platinum, Moody's SA warning, and MTN selling its BICS stake.

MTN to sell its stake in BICS to Belgium’s Proximus

UPDATE
9 Feb 2021 /  Nqobile Dludla, Reuters  
MTN said it intends to use the proceeds to pay down US dollar debt and for general corporate purposes.

Telkom 9-months revenue up

UPDATE
8 Feb 2021 /  Nqobile Dludla, Reuters  
On buoyant mobile business.

Markets, oil and bubbles

8 Feb 2021 /  Simon Brown   
Nick Kunze of Sanlam Private Wealth on oil as it edges towards $60 a barrel, Nishlen Govender from Citadel talks markets and bubbles .... Allan Gray's Tim Acker on why he’s still buying shares and not hoarding cash.

MTN jumps as earnings rise on sale of some tower assets

5 Feb 2021 /  John Bowker, Bloomberg   3
The stock gained as much as 10%, the most in three months.

Huge Group makes R800m offer for AdaptIT

5 Feb 2021 /  Simon Brown  
Gary Booysen of Rand Swiss talks the Telkom share price and Huge Group's bid to take over AdaptIT. Fortress's Vuso Majija on the true future of brick and mortar retail.

Biggest African data-center firm raises R2.5bn for new hub

2 Feb 2021 /  Loni Prinsloo, Bloomberg   1
'We do see continued growth in South Africa and this will form a big part of our focus for the next two to three years,' said Erwin

ICASA to oppose MTN’s court application on 5G spectrum auction

29 Jan 2021 /  Nqobile Dludla, Reuters  
The latest legal disputes threaten to further delay the auction, set for the end of March, after similar disputes halted the sale in 2016.

MTN gaan hof toe oor spektrum-veiling

28 Jan 2021 /  Moneyweb  
Ahmore Burger-Smidt, direkteur en mededingingsregspesialis by Werksmans Prokureurs

Vodafone considering options for Ghana business in Africa restructuring

UPDATE
27 Jan 2021 /  Loni Prinsloo and Thomas Seal, Bloomberg  
Could sell majority stake to Vodacom.

MTN loses appeal, must pay dealer R11.4m in damages

19 Jan 2021 /  Ciaran Ryan   8
MTN claimed a dealer was trying to hide 15 items of obsolete stock from an internal auditor. The court didn’t buy this version.

Cell C’s expanded roaming agreement with Vodacom ‘part of its new strategy’

14 Jan 2021 /  Duncan McLeod   1
Plans to use both Vodacom and MTN networks to provide cellular services.

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