South Africa’s MTN Group said on Wednesday its chairman, chief executive, chief financial officer and directors have pledged 30% of their board fees and salaries for the next three months towards a 40 million rand ($2.15 million) emergency fund for its staff.
South African telecoms firm MTN on Monday said it was reviewing allegations raised in a US complaint which accuses several firms of paying protection money to extremist groups in Afghanistan.
South African telecoms firm MTN on Monday said it was reviewing allegations raised in a United States complaint which accuses several firms of paying protection money to extremist groups in Afghanistan.
MTN’s mobile money service will go live in January in South Africa, allowing customers to send, receive, save money and pay for goods using their mobile phones, the mobile operator said on Wednesday.
Mamelodi Sundowns coach Pitso Mosimane has welcomed the club’s new Director of Academy and Scouting Jose Ramon Alexanco.
Shares of MTN Nigeria hit a three-month high on Friday after the telecoms company’s offices partially reopened following a shutdown due to anti-South African attacks in the West African country.
MTN says the current poor economic activity in South Africa has put pressure on its financial performance.
MTN Nigeria said on Saturday it is under investigation by the Nigerian financial crimes agency over its listing last week, although it “has not been accused of any wrongdoing” by the Economic and Financial Crimes Commission.
MTN Nigeria is arranging local debt financing and plans to sell shares to new investors through a public offering, after listing its shares in Africa’s biggest economy on Thursday.
South African telecommunications giant MTN on Thursday said its subscriber base grew by 16 million customers last year to 233 million, good news for the embattled mobile operator.