West Africa delivers big for MTN Group

West Africa delivers big for MTN Group

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…

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Canal+ unveils big plan to stem DStv’s decline

Canal+ unveils big plan to stem DStv’s decline

Canal+ will pump €100-million (R1.9-billion) into a “boost plan” to restart subscriber growth at MultiChoice, even as Africa’s largest pay-TV operator continues to bleed customers and revenue under its new French parent. The investment, announced alongside Canal+’s first full-year results since completing the MultiChoice acquisition, comes as the South African-headquartered business saw its subscriber base…

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US cybersecurity giant invests big in South Africa

US cybersecurity giant invests big in South Africa

Helmut Reisinger, CEO of Palo Alto Networks in Europe, the Middle East and Africa Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa. The US company sees growth rates “way above” what it achieves at a global level, according to Helmut Reisinger, its CEO for Europe, the…

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Africa: As Europe Drinks Less, Big Alcohol Turns to Africa

Africa: As Europe Drinks Less, Big Alcohol Turns to Africa

As drinking declines in Europe and North America, global alcohol companies are shifting their growth strategy towards emerging markets – including South Africa. Public health advocates warn that increased sales efforts could deepen alcohol-related harm just as the Treasury considers reforms aimed at reducing consumption. When Heineken’s global CEO, Dolf van den Brink, announced his…

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