MTN Group Limited
(FRSC), the Johannesburg Stock Exchange (JSE) Listings Requirements and the requirements of the South African Companies Act, No 71 of 2008, as amended. The Company also subscribes in all its activities to principles of best practice and corporate governance, as set out in the King IV Report on Corporate Governance for South Africa 2016 (King IV*).
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Annual financial results
www.mtn.com(2020: 2.2x), Holdco net debt down to R30.1 billion (2020: R43.3 billion) ROE improved to 19.6% (up 2.6pp) Capex of R39.4 billion (R32.7 billion under IAS17 with capex intensity of 18.0%) MoMo Active users up 22.6% to 56.8 million Value of transactions up to 56.8% to US$23.9 billion
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