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Lagos, South Africa and New York
Monday, September 21, 2020

Vodacom Tanzania extends IPO deadline to woo more local investors

DAR ES SALAAM  - Vodacom Tanzania Plc, a subsidiary of South Africa's Vodacom Group, has extended the offer period for its initial public offering by three weeks to give local investors more time to take part in the share sale, an official from the...

Rack Centre, Africa’s Premium Tier III Data Centre wins Beacon of ICT awards three years in a row

Rack Centre, Africa’s premium carrier neutral data centre is a winner for the third year in the well-respected annual Beacon of ICT awards. For the third year running it is the winner of the ‘IT Infrastructure Provider of the Year (Data Centre)’ category, and...

Nigerian govt denies monitoring citizens’ phone calls, social media posts

The Federal Government has described as false reports circulating on the social media to the effect that under a purported Ministry of Interior regulation, all phone calls and social media posts made by Nigerians are to be monitored and recorded. In a statement issued in...

Africa telecom and finance leaders assess accelerating digital investment opportunities

Telecom and tech companies are increasing investment across Africa as the rapidly improving digital infrastructure and services, and the take up of smartphones, provide huge opportunities for business and revenue growth LONDON, United Kingdom, April 7, 2017/ -- Leaders from Africa's biggest telecom investment companies...

MTN Paid Chairman Nhleko $5.6 Million for Nigerian Fine Leadership Role

Former CEO awarded 72.2 million rand in cash and bonuses Compensation related to work to reduce Nigeria fine, hire CEO MTN Group Ltd. awarded Executive Chairman Phuthuma Nhleko 72.2 million rand ($5.6 million) in pay and bonuses last year after he negotiated a reduced...

MTN has paid 30bln naira in part settlement of Nigerian fine

LAGOS, March 30  - MTN has made a payment of 30 billion naira ($98 million) to the Nigerian government in part settlement of a 330 billion naira fine imposed on the telecoms group for not disconnecting unregistered SIM cards, an MTN source told Reuters...

Rack Centre listed as only African finalists in the UK Data Centre Solutions 2017 Awards

Rack Centre, Africa’s premium Data Centre, is a finalist in two categories in the internationally acclaimed Data Centre Solutions (DCS) awards in the UK, the only African based Data Centre provider to be finalist in the award’s seven years of existence. Rack Centre, Lagos Nigeria...

Airtel Nigeria Elevates Dosunmu to Regional Operations Director

LAGOS MARCH 27, 2017 – Leading telecommunications services provider, Airtel Nigeria, has announced the promotion of Muhammad Bashir Ibrahim and Oladapo Dosunmu as Regional Operations Directors for North Region and South Region, respectively. In their new roles, Ibrahim and Dosunmu will ensure growth indices are...

MTN Nigeria lost 714,700 internet customers, NCC Data Reveals

Nigeria’s telecommunications networks lost 1,275,573 internet users in February, with MTN losing  714,700 customers, the highest. The Nigerian Communication Commission revealed this in its internet subscribers’ data for February. According to the publication, internet users on both Global System for Mobile communications (GSM) and Code Division...

South Africa’s Telkom Reportedly Plan Breakout of Tower Assets

Separate real estate unit may then be listed on stock market Move is part of turnaround strategy led by CEO Sipho Maseko by Loni Prinsloo and Colin McClelland Telkom SA SOC Ltd. plans to break out its telecommunications towers and real estate assets into a...
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