MTN Group’s Earnings Hit by Nigeria’s Currency Woes & Sudan Crisis
In a year marked by both challenge and resilience, MTN Group has unfolded its financial narrative, revealing a significant 68.9% drop in full-year earnings. If you dig deeper into the details, you'll see that economic turbulence, specifically in the form of currency devaluation and the volatile situation in Sudan, reshaped the company’s landscape. The figures speak volumes, with the South African telecom titan posting a stark loss of 9.59 billion rand, roughly equivalent to a staggering $526 million.…