Another Nigerian naira devaluation bad news for MTN

Loading player...
RMB's Matete Thulare on the Nigerian naira. Since we last spoke it has had another devaluation, this especially hurts the likes of MTN and, to a lesser degree MultiChoice. Cobus Loots from Pan African Resources on a strong set of results that saw production up and costs down. FNB's Thanda Sithole talks mining production, as it fell short of expectations in December after a strong November.
15 Feb 2024 12AM English South Africa Business News · Business

Other recent episodes

Does Remgro’s discount offer value?

Kieran Witthuhn from Anchor unpacks the hefty Remgro discount to net asset value. Master Drilling CFO Andre van Deventer discusses strong results and a robust pipeline of new projects, while STANLIB's Eulali Gouws talks navigating money market funds amid falling interest rates.
26 Mar 1AM 21 min

[TOP STORY] Western Cape overtakes Gauteng in building plans

‘All the talk about privatisation, all the talk about closer cooperation with the private sector ... seems to be only talk. They really need to get on with this because the private sector at large stands between what is happening in Africa now and disaster in future‘ – Dr Roelof…
25 Mar 2AM 6 min

Stadio top but AdvTech close behind

Insights from Odwa Magwentshu at Momentum on Stadio and AdvTech’s FY results, Roné Swanepoel from Morningstar on the state of investor confidence, and Dr Roelof Botha unpacks the latest Afrimat Construction Index.
25 Mar 1AM 21 min