Markets

Market Analysis

WATCH: Stock pick — MTN

Nick Kunze from Sanlam Private Wealth talks to Business Day TV about his stock pick of the day

30 April 2020 - 10:55 Business Day TV
The MTN logo adorns an umbrella in Lagos, Nigeira. Picture: REUTERS
The MTN logo adorns an umbrella in Lagos, Nigeira. Picture: REUTERS

Nick Kunze from Sanlam Private Wealth chose MTN as his stock pick of the day.

“The last time I was on your show my stock pick was MTN and it’s going to be it again tonight. We analysed it in depth at our meeting this morning — very encouraged as more and more people are using data.”

Nick Kunze from Sanlam Private Wealth talks to Business Day TV about his stock pick of the day

Or listen to the full audio:

Subscribe: iono.fm | Spotify | Apple Podcasts | Pocket Casts | Player.fm 

MTN posts strong first-quarter earnings and subscriber growth in West Africa

Data revenue from Nigeria and Ghana up in the three months ended March 2020 while company extends its 4G network in Africa’s most populous state
Companies
11 months ago

MTN Ghana grows earning by a third in first quarter of 2020

The company also increased subscribers and data subscribers by 6.2% and 5.4%, respectively, but warns of rough times ahead amid Covid-19
Companies
11 months ago

BRUCE WHITFIELD’S LOCKDOWN DIARY: Oil. Explained.

The madness in oil prices this week shows the massive dislocations in the global economy being caused by the Covid-19 pandemic
Opinion
11 months ago

MARKET WRAP: MTN the biggest loser on JSE as oil prices tumble

The price of Brent crude dropped to its lowest level in almost three weeks during intraday trade
Markets
11 months ago

MTN CEO Rob Shuter says revenues may come under pressure due to Covid-19

Shuter says losses at Africa’s biggest mobile phone operator could be offset by a surge in demand for internet connectivity products
Companies
1 year ago

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Most read

1.
Rand races to pre-pandemic levels due to weaker ...
Markets
2.
Rand breaks R14.20/$ for first time since early ...
Markets
3.
JSE could benefit on Friday from upbeat US and ...
Markets
4.
MARKET WRAP: JSE closes at best level in a month ...
Markets
5.
MARKET WRAP: Retailers’ sales data boosts JSE ...
Markets

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.