MTN flags a network pickup, and SA gets some good investment news

MTN managed to please the market with an update saying it is seeing signs of inflation stabilising in key markets, while the JSE reached another milestone in its battle for more listings.said on Tuesday revenue in its nine months to end-September climbed about 9% to R156 billion. But it was under pressure, falling almost 5% in reported terms, amid currency pressures, notably a devaluation of Nigeria's naira. Group core profit rose almost 3% for the nine months, while subscribers grew 1.

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