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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 September 2019 it had 243 million customers across Africa and the Middle East. The Group offers voice, data and digita... [more info]

The stories that gripped Moneyweb readers in 2019

31 Dec 2019 /  Adriaan Kruger   2
The articles our audience read, commented on and shared the most – and what it says about the current state of affairs.

MTN reviewing allegations after being named in US complaint

UPDATE
30 Dec 2019 /  Tanishaa Nadkar and Mfuneko Toyana, Reuters   25
The complaint alleges several firms, including MTN, violated the US Anti-Terrorism Act.

Rand leaps to 4-month best as risks ease, Fitch holds fire

18 Dec 2019 /  Mfuneko Toyana and Naledi Mashishi, Reuters  
Rand reaches its firmest level since July 31.

End of an era as Phuthuma Nhleko steps down from MTN board

18 Dec 2019 /  Duncan McLeod   2
He is being replaced by former deputy finance minister Mcebisi Jonas.

MTN to defend views on data prices if referred to competition tribunal – CEO

12 Dec 2019 /  Nqobile Dludla, Reuters   
MTN says the CompCom's comparison of data prices across Africa are 'uninformative'.

Ramaphosa cuts trip short as power crisis grips SA

10 Dec 2019 /  Paul Vecchiatto, Bloomberg   7
Will be briefed by Eskom on ‘plans to mitigate and resolve' the situation on Wednesday morning.

Mobile networks taking a pounding from load shedding

10 Dec 2019 /  TechCentral   7
The frequency of power cuts means batteries don't have enough time to recharge - MTN.

Timeline: The great stall in spectrum allocation

5 Dec 2019 /  Tebogo Tshwane    5
CompCom says data must fall, Vodacom and MTN say we need more spectrum. How did we get here?

Rand firmer as trade deal optimism eases growth shock

4 Dec 2019 /  Mfuneko Toyana and Naledi Mashishi, Reuters  
US President Donald Trump strikes a positive tone with China, lifting rand.

MTN to oppose regulator’s recommendations on data costs

4 Dec 2019 /  Nqobile Dludla, Reuters    3
Says it will defend against 'over-broad and intrusive recommendations' as it studies the full report.

Mobile companies given two months to reduce data prices – CompCom

3 Dec 2019 /  Moneyweb  
Ahmore Burger-Smidt - Director and competition law specialist, Werksmans Attorneys

‘Data prices must fall!’ – Competition Commission

3 Dec 2019 /  Roy Cokayne   25
Commission gives Vodacom and MTN two months to oblige – or face prosecution.

Cell C creditors hire Moelis, lawyers to push for Telkom takeover

UPDATE
2 Dec 2019 /  Loni Prinsloo, Bloomberg    3
Creditors also request Cell C’s board to act independently from majority shareholder Blue Label Telecoms.

Vodacom says data price cuts affected by delayed spectrum allocation

2 Dec 2019 /  Nqobile Dludla, Reuters   1
Says it reduced its effective data price by about 50% since March 2016.

MTN says wrong to blame operators for data costs

2 Dec 2019 /  Nqobile Dludla, Reuters    3
Says the government and regulators have failed to release the spectrum required for the telecommunications industry.

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