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13.08.26 - 22:30
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Africa: Iran Writedown Masks MTN Group′s Underlying Earnings Growth (AllAfrica)
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[Daba Finance] MTN Group expects underlying earnings to rise as much as 23% in the first half of 2026, even as a writedown on its Iranian business and currency losses cut reported profit. Africa's largest mobile operator forecast adjusted headline earnings per share of 775 cents to 808 cents, up 18% to 23% from 657 cents a year earlier....
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13.08.26 - 22:30
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Nigeria: IHS Towers Revenue Rises 8.2 Percent As Power Costs Hit Profit (AllAfrica)
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[Daba Finance] IHS Towers increased first-half revenue as a stronger naira and higher sales supported results, but rising energy costs and expenses tied to its proposed sale to MTN Group weighed on profit. Revenue from continuing operations rose 8.2% to $844 million in the 6 months through June from $780.3 million a year earlier. Second-quarter revenue gained 10.4% to $428.6 million....
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18.06.26 - 18:18
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Nigeria: Xenophobia - Boycotting Pan-African Firms Threatens Jobs, Economic Integration - Mupita (AllAfrica)
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[Leadership] As renewed xenophobic attacks against foreign nationals in South Africa continue to generate outrage across the continent, president and chief executive officer of MTN Group, Ralph Mupita, has cautioned against retaliatory actions targeting African businesses operating across borders, warning that such measures could undermine jobs, investment, digital transformation and regional economic integration....
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08.04.26 - 20:30
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Ghana: MTN Completes Ghana Mobile Money Spinoff to Scale Fintech Unit (AllAfrica)
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[Daba Finance] MTN Group has completed the separation of its mobile money business in Ghana, as it moves to position fintech as a standalone growth unit. The company said its Ghana subsidiary, Scancom PLC, merged MobileMoney Ltd with a new entity, MobileMoney Fintech Ltd, effective March 31 after regulatory approvals. The new entity will house all mobile money operations in the country....
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