Bob van Dijk has R65 Billion in Cash. The Boss of Prosus is Hunting for Buys

There is no doubt that Bob van Dijk, the CEO of Prosus, wants to make a big acquisition. The Dutch arm of South African...
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MTN Nigeria

MTN Announces New MTN Group Chief Risk Officer and MTN Nigeria CEO

MTN announced on Monday that Ferdi Moolman will step down as CEO of MTN Nigeria. Moolman will return to South Africa, where he will...

MTN Taps Rahul De as New CEO of Lonestar Cell MTN Liberia

MTN announced on Friday afternoon the appointment of a new CEO for MTN Liberia Lonestar Cell. Rahul De, the current chief marketing officer of...

MTN Sees Huge Surge in First-Half Profits

MTN, Africa and the Middle East biggest mobile phone group, expects profits to surge in the first half, boosted by foreign exchange gains. The company...

MTN Cuts Capex Guidance Due to COVID-19

MTN on Thursday reduced its capital expenditure guidance for 2020 to between R2 billion and R22 billion, revised from R28.3 billion guided at the...

MTN Nears 100 Million Data Users

MTN added 2.9 million data users across its operations in Africa and the Middle East in the first quarter financial results for the year...

MTN Nigeria’s Diversification into Digital and FinTech Fuelling Growth

MTN Nigeria, MTN Group’s biggest operating subsidiary, diversification from its voice telephony business into digital and FinTech space has been gaining traction and is...

Coronavisrus: MTN Implements Measures to Curb Spread of Disease

As business and society, we are seeing a concerning increase in the transmissions of COVID-19 cases across multiple countries. The virus has had a...

MTN Takes Steps To Roll Out Payment Service Bank Seamlessly in Nigera

As part of its plans to roll out payment service bank seamlessly in Nigeria, MTN says it has registered about 108,000 mobile money agents...

MTN To Invest R23bn To Expand Its Network In Nigeria

Mobile phone group MTN announced on Wednesday plans to invest $1.6 billion(R23 billion) in Nigeria over the next three years to strengthen and expand...

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Takealot.com, M-Pesa and Jumia Join BCG’s Top 100 Tech Challengers

Safaricom’s mobile money service M-Pesa, Nigeria’s e-commerce sites Jumia and South Africa’s Takealot.com are picked as 100 tech challengers by global management firm Boston...