
Pandega, led by Zimbabwean executive Michael Fowler, hits $223 million revenue in 2024
Padenga’s strong performance was largely powered by its gold mining subsidiary, Dallaglio Investments, which contributed 86 percent of the group’s revenue.
Padenga’s strong performance was largely powered by its gold mining subsidiary, Dallaglio Investments, which contributed 86 percent of the group’s revenue.
While business remained stable in South Africa, Uganda, Ghana, and Cameroon, the situation in Nigeria, Afghanistan, and Sudan weighed heavily on overall performance.
MTN’s sale of its Guinea-Conakry operations underscores the company’s commitment to optimizing its portfolio.
This alliance will focus on developing Open RAN (ORAN) solutions tailored to Africa’s diverse telecommunications needs.
The move is part of MTN’s broader strategy to enhance its existing network with satellite technology.
The telecom giant is championing initiatives that promote intra-African trade and connectivity, seeking to drive economic growth across the continent.
Mupita attributed the decline to a challenging macroeconomic environment exacerbated by global geopolitical tensions.
This stems from a Memorandum of Understanding signed during the Mobile World Congress (MWC) 2024, underscoring commitment to technological evolution.
Mupita emphasized the critical nature of the situation, describing the power outages as a “crisis” further compounded by vandalism of mobile phone towers and base stations.
Under Mupita’s leadership, MTN Group has achieved significant milestones, serving over 289 million customers across 22 countries.
MTN Group under Ralph Mupita has solidified its position as Africa’s leading telecom service provider, with a customer base exceeding 292 million across 19 markets.
Mupita outlined the company’s dedication to providing hope, dignity, and opportunities for Africans.
Under Mupita’s leadership, MTN Group has soared to new heights.