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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 takes challenges against Ghana market regulator to Supreme Court

5 Sep 2020 /  Christian Akorlie, Reuters   1
After a high court this week dismissed its challenge to a move by the telecommunications regulator aimed at exposing it to greater competition.

Huge Group, Cell C deal ends in acrimony, finger-pointing

4 Sep 2020 /  Duncan McLeod   1
The two parties have now entered a second phase of arbitration to resolve the acrimonious dispute.

Icasa delays spectrum release until 2021

3 Sep 2020 /  Nqobile Dludla, Reuters  
Partly because it prioritised the release of Covid-19 emergency spectrum.

Stocks rally with help from China data, weaker dollar

1 Sep 2020 /  Adelaide Changole, Bloomberg  
Miners extend gains for a third day.

Ralph Mupita appointed as MTN Group CEO

19 Aug 2020 /  Duncan McLeod    8
Effective September 1.

The rise of zombie stocks and the investment case for African sovereign bonds

17 Aug 2020 /  Simon Brown  
Nick Kunze of Sanlam Private Wealth on stocks to look out for in Level 2, the Richemont loyalty warrant and Discovery edging higher. Adrian Saville talks the rise, and risks, of zombie stocks. JP du Plessis of Laurium Capital discusses investing in African sovereign bonds.

Exxaro results, trade wars and LAWtrust sees growth

14 Aug 2020 /  Simon Brown   
Nesan Nair of Sasfin Securities on Exxaro results, telco stocks and banks ahead of their results. Viv Govender of Rand Swiss on the US/China trade war, and TikTok and WeChat bans - and how China responds. Maeson Maherry of LAWtrust (part of listed ETION) on doubling revenue and profits as digital becomes main stream.

Rand recovers, stocks shrug off US-China tension

11 Aug 2020 /  Olivia Kumwenda-Mtambo and Nqobile Dludla, Reuters  
The Johannesburg All-Share index rose 0.72%, while the Top 40 index climbed 0.76%

Stocks rise as Anglo, miners ride sentiment boost

11 Aug 2020 /  Adelaide Changole, Bloomberg  
Foreigners were net sellers of South African stocks on Friday.

The world is becoming a more volatile place to do business

11 Aug 2020 /  Ann Crotty   7
MTN exiting the Middle East, Shoprite pulling out of Nigeria, YeboYethu giving PwC the chop, Tiger Brands causing jitters, Quantum and Country Bird quarrelling, and Trump banning WeChat – the week that was.

MTN considers sale of stake in Iran ride-hailing app Snapp

8 Aug 2020 /  Loni Prinsloo, Bloomberg  
MTN owns 43% of the app.

MTN exits Syria, Investec climate risk disclosures and is now the time to sell your investment property?

7 Aug 2020 /  Simon Brown    1
Alex Duys of Umthombo Wealth on the markets as MTN exits Syria and Iran to focus on being a pan-African telco. Tracey Davies from Just Share on Investec's climate risk disclosures and how online AGMs have been faring. FNB's Praven Subbramoney talks investment property sales.

MTN to exit Middle East to focus on Africa

6 Aug 2020 /  Nqobile Dludla, Reuters  
In advanced talks to sell 75% stake in MTN Syria.

Lost national roaming revenue hits MTN

6 Aug 2020 /  Duncan McLeod   4
It would have recorded 2.3% service revenue growth, if not for reduced wholesale business from Cell C and Telkom.

Stocks retreat as banks fall; Shoprite soars on update

3 Aug 2020 /  Adelaide Changole, Bloomberg  
Foreigners were net sellers of South African stocks for the second day Friday.

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