Data, fintech services boost MTN Nigeria in half-year
Demand for data and digital services grew significantly, but the telco experienced a decline in demand for voice services in the mass market segment.
Samuel Mungadze
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MTN expects to double profit for six months to June
The telco’s earnings per share include the benefit from gains on the disposal of towers in Uganda and Ghana.
2:00
MTN SA execs forgo increases, channel funds to employees
The telco’s executive team has not taken annual salary increases and is diverting those funds into an employee support fund amid COVID-19.
2:10
Vodacom, Cloudflare join forces to protect firms from DDoS
The telco teams up with Web security company Cloudflare to offer distributed denial of service protection services.
3:20
Tourism sector urged to turn digital for resurgence
The revival of the hospitality industry can be hastened with ICT as an enabler, says the Pan African Chamber of Commerce.
1:50
MTN Nigeria to issue R2.2bn in bonds
The mobile operator will issue 50 billion naira in the West African country, as it seeks new sources to support operations.
3:00
Satellite giant Intelsat files for bankruptcy protection
The company says it is undertaking financial restructuring to pave the way for future innovation and growth, and filing for bankruptcy protection is part of the strateg
4:30
MTN records Q1 group growth as SA lags
In the first quarter, the company added 2.9 million active data users across its operations on the continent.
3:50
MTN Nigeria defies COVID-19 pressure, posts double-digit growth
The company says the impact of COVID-19 on its first quarter performance was not significant, except for delayed orders.
3:50
African regulators urged to allow cloud tech in financial services
A new report wants African regulators to follow their peers in the European Union, which has been at the forefront of advocating the use of cloud-based technologies.
3:00
COVID-19 hits Africa remittances, World Bank urges digital platform use
The World Bank projects a 20% decline in global remittances, urging service providers and authorities to introduce measures to ease use of mobile money platforms.
3:10
Generation Africa kicks off next agritech competition for Africa
Organisers say the 2020 competition launched amid the coronavirus pandemic will give hope and support to agripreneurs on the African continent.
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MTN's Shuter to step down
The mobile operator announces the departure of its group president and CEO at the end of his contract in March 2021.