MTN Zakhele Futhi’s only asset is MTN shares. As MTN’s empowerment vehicle – MTN Zakhele Futhi – draws nearer to delisting, shareholders are still disgruntled due to a lack of returns since it made its debut a decade ago. The empowerment vehicle – which trades under share code MTNZF – this week said it had…
Ralph Mupita MTN’s long-running pursuit of Telkom has become something of a South African corporate legend – three attempts across multiple CEOs, countless political crosswinds and, ultimately each time, no deal. Yet, in an interview with TechCentral Show to be published later this week, MTN Group CEO Ralph Mupita made it clear that the logic…
MTN Group CEO Ralph Mupita MTN Group has spent three decades building a pan-African empire – but if you look closely at the map, its centre of gravity is skewed towards West Africa and Southern Africa. On one side sits South Africa and on the other is a powerful West African bloc led by Nigeria…
MTN South Africa increased the number of post-paid customers on its network in the third quarter of its 2025 financial year, growing the figure by 7.3% year on year to 4.6 million. The prepaid side of the business painted a different picture entirely, however, with the number of prepaid subscribers declining by 0.4% as competition…
MTN Ghana looks poised soon to overtake MTN Group’s home market of South Africa as the second largest by service revenue behind Nigeria, further shifting the group’s centre of gravity to West Africa. In the group’s quarterly update for the three months to end September, published on Monday, it said MTN South Africa generated R32.7-billion…
The MTN SA and ICASA delegation. MTN South Africa and the Independent Communications Authority of SA (ICASA) yesterday met to discuss measures to reduce the cost to communicate. The engagement, according to MTN SA, forms part of its ongoing multi-stakeholder strategy aimed at enhancing collaboration with key partners in government, business and civil society. The…
MTN Nigeria Communications CEO Karl Toriola MTN Nigeria has delivered a sharp turnaround in the nine months to 30 September 2025, restoring positive retained earnings and shareholders’ equity and declaring an interim dividend as service revenue and profitability surged. The operator grew total subscribers 11% year on year to 85.4 million, with active data users…
MTN MoMo South Africa and Mastercard expanded their partnership to provide additional digital financial services and improve access to the digital economy across the country. Image supplied The collaboration added functionality to the MoMo Wallet, allowing users to fund their accounts using debit and credit cards via Mastercard’s Payment Gateway (MPGS). The integration aims to…
Global mobile telecommunications industry body the GSMA has partnered with six of Africa’s largest mobile operators – Airtel, Axian Telecom, Ethio Telecom, Orange, and South Africa’s Vodacom and MTN – to develop a set of minimum requirements for an affordable, entry-level smartphone. The announcement was made at a Mobile World Congress event in Kigali, Rwanda…
MTN South Africa has launched a new portfolio of integrated home and mobile connectivity plans, signalling a clear shift in its strategic focus towards the “connected home.” This move progresses beyond the former “Ambition 2025” strategy and aligns with a broader organizational pivot announced by MTN Group CEO Ralph Mupita. Read: Google South Africa launches…
