MTN Group is trading 6% down now at ZAc 19320.00 after warning first-half 2026 EPS could decline 20%-30%, driven by a material impairment on its 49% Irancell investment.
- Hyperinflation and foreign-exchange losses are also pressuring earnings.
- Adjusted headline EPS is still expected to rise 18%-23%.
- Investors appear focused on weaker reported earnings and ongoing Iran-related risks.