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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]

Are virtual AGMs really that bad?

14 Dec 2020 /  Simon Brown  
Petri Redelinghuys of Herenya Capital on markets looking bullish. Absa's Justin Schmidt on the unexpected uptick in manufacturing demand in Q4. Just Share's Tracey Davies looks at the success of virtual AGMs and whether banks are really dropping coal.

MTN to join talks with Nigeria watchdog over SIM-card sales halt

11 Dec 2020 /  Emele Onu, Bloomberg   5
MTN’s local unit is the the West African country’s biggest wireless operator.

Market Watcher

10 Dec 2020 /  Nompu Siziba  
Viv Govender – Portfolio manager, Rand Swiss on US stimulus package, the rand, SA's economy, Renergen's vaccine transport solution, MTN on selling Telkom towers and Delta's fraud revelation.

MTN, Airtel ordered to suspend Nigerian SIM card sales

UPDATE
10 Dec 2020 /  Emele Onu, Bloomberg   2
While authorities check their compliance with registration guidelines.

2020 a horror show for listed property and the JSE teeters on the brink of all-time highs

7 Dec 2020 /  Simon Brown   1
Sanlam's Nick Kunze talks markets with the JSE at near all-time highs and oil on the rise. A deep dive into listed property with Steven Brown, CEO of Fortress Reit after a dismal 2020 for the sector.

Festive cheer for headhunters

7 Dec 2020 /  Ann Crotty  
Telkom and Truworths are looking for exec replacements, while Comair is sorted; CEO Gore is looking for improved upside on his Discovery hedge and Remgro wins 'technically-worst AGM' award.

JPMorgan favours SA domestics over gold, tech stocks

27 Nov 2020 /  Adelaide Changole, Bloomberg  
The broker upgraded its view on South African equities to overweight from underweight this week.

MTN raises R2.3bn from sale of Jumia stake

UPDATE
30 Oct 2020 /  Emma Rumney, Reuters   4
Telco sells 18.9% stake.

Standard Bank is bulking up

15 Oct 2020 /  Roxanne Henderson, Bloomberg   7
To fend off fintech firms encroaching on its client base.

Famous Brands’s UK chain GBK fails, US bank results and the state of SA’s ETF industry

15 Oct 2020 /  Simon Brown   
Viv Govender of RandSwiss on Famous Brand's GBK going bankrupt and US bank results. Keith McLachlan of Alpha Wealth on equity vs consolidated holdings in results and changes to the PSG IFRS status. Mike Brown talks 20 years of ETFs in South Africa. 

MTN withdraws Supreme Court challenge against Ghana market regulator

UPDATE
13 Oct 2020 /  Christian Akorlie, Reuters   1
It said it will seek an amicable resolution with the regulator.

Corruption arrests, land sales raise SA spirits

4 Oct 2020 /  John Bowker, Bloomberg   8
South Africans were cheered this week with three announcements many thought would never come.

Stocks and rand slump on risk off market sentiment

21 Sep 2020 /  Nqobile Dludla, Reuters   3
The Top 40 index fell 2.04% to 49,370 points.

How South African companies are battling the pandemic and recession

18 Sep 2020 /  Roxanne Henderson, Janice Kew, Felix Njini and Loni Prinsloo, Bloomberg    1
How companies in key industries have coped with the unprecedented crisis.

Lockdown leads to data boom

16 Sep 2020 /  Larry Claasen    1
Covid-19 drives the digitisation of the economy.

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