SA could become a failed state unless it deals with the crisis, CEO Ralph Mupita warns
Power outages cost Africa’s largest mobile operator, MTN, R695m, according to estimates for its 2022 annual results, and not dealing with it could lead to SA becoming a failed state.
“In SA, the extent of ongoing power outages worsened into the second half and increased the negative impacts on network availability and pressure on the business,” CEO Ralph Mupita said on Monday in annual results for the year to end-December...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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