Egypt and Nigeria currency devaluations hurt Vodacom, MTN

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Vodacom’s earnings slumped by more than 10% in the year ended March when the telecoms company was hit by a currency devaluation in Egypt. Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience.

The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budgetInflation is now expected to return to the Reserve Bank’s midpoint target at the end of 2025, later than previously forecastThe Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member.

Source: Financial Digest (financialdigest.net)

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