Tourists and locals have been gathered on the Reunion Island to see lava flowing from a volcano that has been erupting for over a month. On Sunday, lava from the Piton de la Fournaise volcano reached the Indian ocean for the first time in 19 years. The volcano began erupting 13 February, for the second…
MTN Group CEO Ralph Mupita MTN Group has reported a sharp recovery in earnings for the year to December 2025, swinging from a loss to a profit as a dramatic turnaround in Nigeria and strong growth in Ghana drove a 67% increase in adjusted headline earnings per share. Group service revenue rose 22.7% in constant…
The European Union is seeking more strategic clarity about the U.S. and Israel’s plans for Iran and when the conflict might end as the bloc weighs whether to send ships to help shore up security in the Persian Gulf. Without confirming any specific international commitments, President Trump said in a social media post on Saturday…
HyperLight Corporation (“HyperLight”) today announced a major milestone in low-power optical networking with the demonstration of a 1.6T-DR8 optical transceiver leveraging HyperLight’s TFLN Chiplet™ Platform. The reference module was demonstrated with engineering and manufacturing support from Suzhou TFC Optical Communication Co., Ltd. (SZSE: 300394, or “TFC”). The reference design achieves 20W power consumption in a…
United States President Donald Trump has said “numerous countries” have told him “they’re on their way” following his appeal for an international naval coalition to secure the Strait of Hormuz amid the US-Israel war on Iran. Trump made the statement on Monday after over the weekend calling on a handful of countries to join the…
For years, finance was the organisation’s scorekeeper: close the month, balance the books, keep the auditors happy. That work still matters, but it no longer defines the job. In an economy where costs jump, supply chains wobble and assumptions expire quickly, the modern finance function is being judged on one thing above all: how fast…
Apollo Global Management signage in New York on Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo’s John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They’re not, he said. Zito, co-president of the firm’s giant asset…
MTN Group has appointed Roy Mutooni as new executive of group investor relations. MTN Group has appointed Roy Mutooni as new executive of group investor relations, effective 1 April. In a statement, the company says Mutooni brings to MTN more than 20 years of experience in equity research, portfolio management, and value-based strategy across African…
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MTN Group plans to buy back between 1.7% and 2% of its shares, amounting to some R6-billion, over the next three years. Speaking at the company’s investor presentation following the release of its annual results for the year ended 31 December 2025 on Monday, MTN Group CEO Ralph Mupita said the programme is part of…
