MTN Revamps South African Unit as It Loses Ground to Nigeria

MTN Group, Africa's largest mobile operator, has announced a restructuring of its South African unit in response to declining performance compared to its Nigerian operations. The article states that the Nigerian business has now surpassed the South African unit as the biggest revenue contributor for the group. The restructuring aims to drive growth in the South African market, which has been losing ground to the Nigerian operations. Details of the management changes were not provided, but the move is seen as a strategic response to address the performance gap between the two key markets. The article highlights the growing importance of the Nigerian market for MTN Group, which is the continent's largest mobile-phone operator by sales. The company's efforts to revamp its South African unit suggest a focus on regaining its foothold in the domestic market while capitalizing on the success of its Nigerian operations.