MTN Group announced that its board has approved a 6 billion rand ($375 million) share buyback programme after reporting a 21.3% rise in half-year adjusted profit. The company's adjusted Headline Earnings Per Share rose to 793 cents from 654 cents a year earlier, though reported HEPS fell 5.8% due to a non-cash impairment on its Irancell stake. Revenue growth was driven by operations in Nigeria, Ghana, and Uganda, while South Africa saw slower growth.
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