MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest of Africa. The business “continues to navigate an environment characterised by elevated competitive intensity and ongoing pressure on consumers”, MTN Group said in its…
MTN Group on Monday disclosed that it is now the subject of a grand jury investigation by the US department of justice. The investigation will look into MTN’s operations in Afghanistan (now disposed of) and Iran (where it owns 49% of Irancell). Both countries are politically volatile and both face US sanctions (sweeping in the…
Incoming MTN South Africa CEO Ferdi Moolman Charles Molapisi is stepping down as CEO of MTN South Africa, and is being replaced in the role by Ferdi Moolman, who was a key driver behind the telecommunications group’s growth in Nigeria, where he was CEO between 2016 and 2021. At the same time, Yolanda Cuba, currently…
MTN and SANTACO put pen to paper. MTN Business has announced the appointment of the South African National Taxi Council (SANTACO) Gauteng as a reseller, targeting the region’s commuters. The MNO issued a statement that confirmed the agreement, ratified recently at the MTN Innovation Centre and followed by a community activation at the Wanderers Taxi…
Kagiso Mothibi, CEO: Fintech SA at MTN South Africa In a bold move to redefine digital inclusion, MTN MoMo South Africa has launched another bold initiative, the Handset Rent-to-Own solution, designed to break down barriers and put the power of connectivity directly into the hands of millions of South Africans. Driven by a clear customer-first…
MTN Group said on Thursday that it expects to report a huge growth in earnings in the first half of its 2025 financial year, to June, with headline earnings per share (Heps) set to jump into the black. The JSE-listed pan-African telecommunications operator described the upcoming interim financial results as “robust”. It said the strong…
Cornelia van Heerden, executive of customer operations at MTN South Africa. MTN South Africa has announced the full-scale deployment of a digital ID system, with real-time biometrics, on any device across all MTN stores nationwide. In a statement, the mobile operator says the rollout follows a successful six-month pilot across 20% of its stores, where…
MTN South Africa is beefing up security at customer touchpoints in an effort to fight fraud and make its services more efficient. The telecommunications operator, which is owned by JSE-listed MTN Group, said on Wednesday that it will deploy a digital ID system with real-time biometrics across all its stores nationwide. The roll-out follows a…
Sudipto Moitra, GM of Enterprise Solutions at MTN Business. Managed AI services and machine learning operations will play an essential role in helping businesses benefit from investment in cloud technology and data centre infrastructure, says MTN. The company has confirmed its sponsorship of the executive dinner alongside the ITWeb Cloud & Data Centre Summit on…
MTN’s mobile money business in South Africa, known as MoMo, said on Thursday that it will make 4G and 5G smartphones available on credit to prepaid customers – without the need for background credit checks. The “Handset Rent-to-Own” solution is aimed at getting millions of South Africans, many of whom still rely on outdated feature…
