Business

MTN Shutting Down 3G in South Africa

Published

1 year ago

February 11, 2025

599 Views

MTN has successfully tested shutting down its 3G network in several Cape Town neighbourhoods and says it is on track to switch off the legacy technology by 31 December 2026.

MyBroadband reports that MTN notified certain Cape Town customers that it was conducting a pilot to migrate subscribers off 3G within a ring-fenced area.

MTN informed affected customers about the pilot project in January 2024. The test began early in 2024 and ended later that year.

“In September 2022, the Department of Communications and Digital Technologies indicated its intention to phase out 2G and 3G networks,” MTN said in its letter.

“Although this process will affect our customers, MTN is committed to ensuring minimal impact in the transition. As a result, MTN will follow a phased approach for the migration.”

“Once the pilot phase is completed, MTN will assess the project before rolling out the 3G migration on a large scale.

The 3G transition is scheduled to be completed by 31 December 2025,” it explained.

“Parallel to the 3G migration, MTN is assessing the viable dates to migrate users on the 2G network.

Engagements to migrate the 2GNetwork services will be communicated in due course.” Asked for details about the 3G switch-off pilot, MTN confirmed to MyBroadband that it was a success and that it would complete the transition away from the legacy technology by the end of the year.

“MTN is actively transitioning customers from legacy 2G and 3G networks to more advanced 4G and 5G technologies,” a spokesperson said.

“This strategic migration enhances customer experience and ensures continued investment in modern, efficient networks.”

MTN said the 2024 pilot included Durbanville, Greater Melkbosstrand, Cape Town suburbs, and the Milnerton Bloubergstrand areas in Cape Town.

“The pilot aimed to assess the migration process and optimise future rollouts,” the spokesperson said.

Following its success, MTN is implementing a phased migration approach, with full transition planned for completion by 31st December 2025.

Throughout this process, MTN remains committed to delivering excellent connectivity and minimising disruption to customers.”

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Business

Naira Exchange Rates Monday, 20 July

Published

20 hours ago

July 20, 2026

OCHEFA

25 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 416 Sell ₦1,422

GREAT BRITISH POUND (GBP) Buy ₦1,895 Sell: ₦1,915

EURO (EUR) Buy ₦1,590 Sell ₦1,610

CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400

CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,380.18

GREAT BRITISH POUND (GBP) ₦1,854.42

EURO (EUR) ₦1,577.00

SWISS FRANC (CHF) ₦1,707.94

JAPANESE YEN (JPN) ₦8.50

CHINESE YUAN (CNY) ₦203.57

WEST AFRICAN CFA (XOF) ₦2.40

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,874. 32

SAUDI RIYAL (SAR) ₦367.48

SOUTH AFRICAN RAND (ZAR) ₦83.29

Business

BUA Foods target expansion into noodles industry

Rabiu described the expansion programme as a strategic investment in Nigeria’s industrial future, emphasising that the company’s growth ambitions are driven by a commitment to national development rather than scale alone.

Published

4 days ago

July 17, 2026

OCHEFA

58 Views

Chairman of the Board of Directors of BUA Group, Abdul Samad Rabiu disclosed that it’s food arm – BUA Foods is going into new sectors such as instant noodles because “we see it as a very important sector because of its affordability and its accessibility.”

Rabiu made the disclosure in Abuja on Thursday during the 5th Annual General Meeting of BUA Foods.

He also disclosed that as part of efforts to boost food sufficiency, “we are doubling our wheat milling capacity from over a million to over two million, wheat per annum. And that is huge.”

“We are also tripling the capacity of our edible oil business. In fact, we are setting up a brand new oil mill in Port Harcourt.

“Our ambition has never been to become bigger simply for the sake of size. We are building scale because Nigeria needs strong indigenous companies capable of competing at the highest level, investing for the long term and creating lasting value,” he said.