1. Homepage
  2. Equities
  3. South Africa
  4. Johannesburg Stock Exchange
  5. MTN Group Limited
  6. News
  7. Summary
    MTN   ZAE000042164

MTN GROUP LIMITED

(MTN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

MTN : President visits Ghana, meets key stakeholders

01/27/2022 | 07:59am EDT

MTN Group President and Chief Executive Officer Ralph Mupita has paid a day's working visit to Ghana to engage with some key stakeholders and reiterate MTN's commitment to support the further development of the Ghanaian telecommunications sector and work towards greater financial inclusion.

On Wednesday, the Group CEO and his team of executives paid courtesy calls on the Bank of Ghana, the Ghana Revenue Authority, the Ministry of Finance and the Ministry of Communications and Digitalisation to interact and discuss issues of mutual interest, including localisation.

During the visit to the Bank of Ghana, Mr. Mupita expressed his appreciation for the Bank's support over the years. Bank of Ghana Governor Dr. Ernest Addison congratulated MTN for the work done in the mobile financial services sector and indicated that the Bank was counting on MTN to continue to champion innovation and financial inclusion. Dr Addison was joined by the Second Deputy Governor Mrs Elsie Addo Awadzi.

The MTN delegation then called on the Commissioner General of the Ghana Revenue Authority Mr. Ammishaddai Owusu-Amoah and his deputies where Mr. Mupita commended Ghana for encouraging economic growth last year.

In his engagements with the Ministry for Finance and the Ministry of Communications and Digitalisation, Mr. Mupita reiterated MTN Group's continued support to the Government of Ghana in achieving its digital agenda.

This is the third visit of the Group CEO to Ghana since he assumed office in September 2020. He is accompanied by the MTN Group Senior Vice President of Markets Ebenezer Asante, MTN Ghana CEO Selorm Adadevoh, CEO of Mobile Money Ltd Eli Hini, MTN Ghana Chief Corporate Services Officer Sam Koranteng and MTN Ghana Chief Financial Officer Antoinette Kwofie.

The visit to Ghana is part of Mr. Mupita's regular engagements with local authorities in priority markets. He calls on key stakeholders early every year to revisit the Group's commitments, understand their expectations and foster cordial working relationships. His next stop is Nigeria.

Share now

Disclaimer

MTN Group Ltd. published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 12:58:08 UTC.


© Publicnow 2022
All news about MTN GROUP LIMITED
03:06aMTN Nigeria's Payment Service Bank Subsidiary Momo PSB Starts Operation
AQ
05/16South Africa's Vodacom targets a quarter of group revenue from digital, financial servi..
RE
05/13MTN Nigeria Rewards Shareholders With N174.53 Billion Dividend
AQ
05/13MTN Group 1Q Revenue Grew 16%; Maintains Medium-Term Guidance
DJ
05/04Nigeria expects MTN, Mafab to rollout 5G services from August
RE
04/29MTN : International (Mauritius) Limited 2021 Signed FS
PU
04/29MTN : Consolidated and Separate AFS
PU
04/29MTN : International AFS 2021
PU
04/29MTN : Nigeria results released for the quarter ended 31 March 2022
PU
04/28MTN : Ghana results released for the quarter ended 31 March 2022
PU
More news
Analyst Recommendations on MTN GROUP LIMITED
More recommendations
Financials
Sales 2022 198 B 12 445 M 12 445 M
Net income 2022 23 569 M 1 484 M 1 484 M
Net Debt 2022 66 491 M 4 187 M 4 187 M
P/E ratio 2022 13,2x
Yield 2022 2,25%
Capitalization 298 B 18 777 M 18 777 M
EV / Sales 2022 1,85x
EV / Sales 2023 1,55x
Nbr of Employees -
Free-Float 69,8%
Chart MTN GROUP LIMITED
Duration : Period :
MTN Group Limited Technical Analysis Chart | MTN | ZAE000042164 | MarketScreener
Technical analysis trends MTN GROUP LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 165,36 ZAR
Average target price 218,45 ZAR
Spread / Average Target 32,1%
EPS Revisions
Managers and Directors
Ralph Tendai Mupita Group President, CEO & Executive Director
L. Tsholofelo Molefe Group Chief Financial Officer & Director
Mcebisi Hubert Jonas Chairman
Mazen Mroue Group Chief Information & Technology Officer
Jens Schulte-Bockum Group Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
MTN GROUP LIMITED-3.13%18 717
SOFTBANK CORP.1.41%54 521
BHARTI AIRTEL LIMITED0.56%49 239
CELLNEX TELECOM, S.A.-22.72%28 396
SAFARICOM PLC-26.75%9 652
TELE2 AB0.77%9 057