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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]

Simon’s weekly wrap: Highlights from the past year and Aspen on the up

7 May 2021 /  Simon Brown   1
This week MoneywebNOW looked at office rental space, commodity stocks, MTN and more.

MTN up 11.5%; commodities ‘skyrocketing’

6 May 2021 /  Simon Brown   3
‘I still really like [MTN], am happy to hold it and definitely prefer it over Vodacom’: Anchor Capital portfolio manager Martin Smith.

Money market funds and the rise of alt coins

6 May 2021 /  Simon Brown  
Anchor Capital's Martin Smith talks the MTN update and resource stocks storming higher. Dean de Nysschen from Glacier by Sanlam on the role of a money market fund in your portfolio. Revix founder, Sean Sanders, on the rise of crypto alt coins.

MTN Looks to finalise plan to separate fintech by early 2022

UPDATE
5 May 2021 /  Loni Prinsloo, Bloomberg   1
As the continent’s largest wireless carrier continues to slim down.

Ethiopia pledges to allow mobile money for new telecom entrants

30 Apr 2021 /  Samuel Gebre and Loni Prinsloo, Bloomberg   1
At some point after entering the market.

Vodafone, MTN groups bid for telecom licenses in Ethiopia

26 Apr 2021 /  Samuel Gebre and Bella Genga, Bloomberg  
As wireless service providers look to tap the last remaining large market in the world.

MTN cuts prepaid data prices – 20GB for R149

20 Apr 2021 /  TechCentral   5
The new MTN deals have a validity period of 30 days.

MTN, Airtel to be able to resume issue of new Nigeria SIM cards

16 Apr 2021 /  Loni Prinsloo, Bloomberg   4
Following the implementation of a new policy linking them to national ID numbers.

MTN values mobile-money arm at R75bn, considers IPO

13 Apr 2021 /  Loni Prinsloo, Bloomberg  
Mobile money is one of the fastest-growing sources of income for wireless-network companies operating in sub-Saharan Africa.

MTN Group values mobile-money arm at $5bn, considers IPO

12 Apr 2021 /  Loni Prinsloo, Bloomberg  
Johannesburg-listed MTN has previously said it was looking to spin off its fintech business.

Nigerian banks deny owing MTN Nigeria and other telcos

9 Apr 2021 /  Emele Onu, Bloomberg   5
'There is no such thing as an obligation due from banks to telcos,' Herbert Wigwe, chief executive officer of Access Bank Plc, said.

MTN ‘delighted’ as state opens up massive telecoms supply contract

31 Mar 2021 /  Duncan McLeod    3
The contract is worth billions of rand over its full term.

SA opens up lucrative state phone contract to MTN

30 Mar 2021 /  Loni Prinsloo, Bloomberg   5
Joins Vodacom in keeping 1.2m government employees connected.

Shoprite to offer a mobile phone service

17 Mar 2021 /  Larry Claasen  
This follows PnP launching its own service last year.

MTN’s generous pay continues

15 Mar 2021 /  Ann Crotty   16
The group has never scrimped, which may explain the lack of fuss about its former CEO’s package for 2020 clocking in just shy of R74m.

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