128 News that MTN Group is facing an investigation by a US department of justice grand jury sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit…
Category: Tech
MTN South Africa cuts revenue outlook as competition bites
149 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…
US grand jury probing MTN over Iran, Afghanistan allegations
146 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…
MTN Group bounces back – TechCentral
216 MTN Group CEO Ralph Mupita Africa’s biggest telecommunications operator, MTN Group, swung to a half-year profit, it said on Monday, as macroeconomic conditions, inflation and foreign exchange rates in key markets…
Absa pours billions into tech, boosting cybersecurity and automation drive
118 Absa Group’s IT spend for the six months to 30 June reached R8.2-billion, a 5% year-on-year increase from the same period in 2024, as it ramped up spending on security and…
Standard Bank raises alarm over AI-driven fraud
143 Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult…
MTN’s Mupita backs Vodacom-Maziv fibre deal
116 MTN Group CEO Ralph Mupita MTN Group CEO Ralph Mupita has described the competition appeal court’s decision last week to approve the sale of a co-controlling stake in fibre operator Maziv…
Ferdi Moolman is new CEO of MTN South Africa
171 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…
Biometrics take centre stage in fight against Sim-swap fraud
119 Stricter and more widespread use of biometric authentication by mobile operators could help reduce the growing Sim-swap fraud menace in South Africa, according to the Communications Risk Information Centre (Comric). Comric…
Trump weighs US government taking stake in Intel
132 Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters The Trump administration is in talks with Intel to have the US government potentially take a stake in the struggling chip maker, Bloomberg News reported…
