Sustained power cuts and uncertainty around SA’s power grid could lower earnings for the country’s second-largest mobile operator, MTN has warned, showing further evidence of the negative effect of increased load-shedding on local business operations. 

“If we experience the same level of load-shedding in the second half of 2022 as we did in the first half in SA, service revenue will come in slightly under guidance,” MTN group CEO Ralph Mupita said last week as the mobile operator reported half-year earnings for the period to June. ..

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