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MTN Group reports surge in PROFIT before tax

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MTN Group has reported 21.1% increase in profit before tax year-on-year in the first quarter of 2022, supported by service revenue growth amid demand...

MTN resumes dividend after huge profit

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MTN Group resumed annual dividends on Wednesday, declaring a higher payout than previous guidance as a divestment plan made progress and the firm reported higher...

MTN Uganda reports 6.6% rise in 2021 pre-tax profit

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MTN Uganda reported on Monday a 6.6% jump in pre-tax profit for 2021, compared with the previous period, helped by higher data sales and...

Lenovo doubles profits

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The world’s biggest maker of PCs, China’s Lenovo Group, has posted a better-than-expected jump in first-quarter profit as Covid-19 curbs continued to spur work-from-home...

Ecobank is most profitable bank in Ghana 2020

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Ecobank Ghana has reported a total revenue of GHC1.8 billion and a GHC782 million profit before tax, making it the most profitable bank in...

MTN Ghana reports GHC1.4 billion profits, gives GHC615 million in dividends

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MTN Ghana has reported a whopping GHC1.4 billion profit after tax for year 2020, and has therefore declared some 8Gp per share dividend. The...

Airtel starts making profit again

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The 2020 fourth quarter fiscal report of Indian telecom giant, Bharti Airtel, ending March 31, 2021 indicate the company is back to making profit. The...

Millicom returns to profits after Africa operations’ sale

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Millicom has reported returning to profit in the first quarter of 2021, largely driven by a record 1.1 million customer additions in its mobile...

LG mobile woes to continue despite record end to 2020

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LG Electronics forecast a record Q4 2020 performance, with sales and operating profit on the rise as the company offset weakness in mobile with...

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