Wednesday, December 4, 2024
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Uganda: Museveni questions MTN’s license fee reduction

The Ugandan Communications Commission has been ordered to clarify a $2 million reduction in MTN’s license renewal fee. Uganda’s President Yoweri Museveni is unhappy with...

MTN resolves $8 billion row with Nigeria

Telecommunication firm MTN has finally resolved the recent $8.1 billion row between it and the Nigerian Government. Nigeria had earlier accused Africa’ biggest telecom firm,...

Ghanaian Telcos fined $7million for poor services

Four telecommunication firms in Ghana have been fined $7 million for poor services. The fine imposed by Ghana’s National Communication Authority affects MTN AirtelTigo, Glo...

MTN to offer mobile banking in Nigeria in 2019

Telecom firm MTN wants to offer mobile banking in Africa’s most populous country Nigeria from next year. The Chief Executive Officer of the South African...

MTN hit with $2 billion tax bill in Nigeria

MTN Group faces a $2 billion demand for taxes in Nigeria, the latest in a series of skirmishes with authorities in the South African...

MTN Uganda data centre raided

MTN Uganda, a unit of the South African telecoms firm, said security personnel had raided its data and disconnected four of its servers. The firm...

MTN targets Africa’s biggest bank position

MTN, Africa's biggest mobile operator, is gunning to become Africa's biggest bank. The ambitious business strategy was revealed by MTN CEO Rob Shuter yesterday during the Deloitte Africa in 2018 Outlook conference in Woodmead. "The core digital service that we have decided to put our money on is Mobile Money," said Shuter. Mobile Money is really about leveraging the strength of the brand and leveraging the strength of the distribution because we have built a huge informal distribution network for prepaid airtime to bring customers into a transactional banking system."

MTN, Ericsson to begin 5G trial in Africa

MTN and Ericsson have announced the first 5G technology and applications trial in Africa, which is part of a 5G demonstration starting in the first quarter of 2018.

MTN Ghana secures over $100 million loan for expansion

Telecom firm MTN Ghana is to receive over $100 million worth of fresh capital to grow the business. It follows the signing of a landmark loan syndicated agreement with nine commercial banks in the Ghana on Thursday. The transaction which was oversubscribed is being led by Ecobank Ghana. The nine Banks are Ecobank, Barclays Bank, Societie Generale, Stanbic Bank, Fidelity Bank, GCB Bank, Zenith Bank Standard Chartered Bank GT Bank. This is the second time MTN is raising such funds after a similar one in 2012 which saw the telecom firm raising 300 million Dollars. Chief Financial Officer and Acting CEO of MTN Ghana Modupe Kadri is hopeful the loan will support MTN’s worki

Rwanda slaps $8.4m fine on MTN

Rwanda’s leading telecommunications firm MTN has been hit with an $8.5 million (Rwf7.03 billion) fine by the regulator. The Rwanda Utilities Regulatory Authority (Rura) said...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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