MTN is finding its next growth engine outside South Africa
The group’s service revenue grew 17.5% in constant-currency terms to R115.3 billion ($7.21 billion) in the first half of 2026, but the gains were concentrated outside its home market. Ghana, Nigeria, Uganda, Côte d’Ivoire, and Cameroon were among the strongest contributors, while South Africa posted just 1.5% service-revenue growth.
Volkswagen has unveiled its all-new Tukan half-tonne bakkie in Brazil, signaling the replacement of the long-serving Saveiro compact bakkie in South Africa. The Tukan aims to make a significant impact in the competitive South American market, where it will compete against popular brands such as Fiat, Chevrolet, and Ford. The vehicle will be available in both single-cab and double-cab variants, with the double-cab model featuring the top-of-the-line 'Extreme' trim, while the single-cab comes in the basic 'Robust' trim, featuring unpainted bumpers.
Although the original Saveiro bakkie never saw a South African market, Volkswagen South Africa (VWSA) has expressed optimism about the Tukan's potential, suggesting that local production of a smaller bakkie could be feasible and possibly linked to the upcoming Tengo compact SUV, set for local production by 2027. The Tukan's design boasts a completely unique rear suspension and will be the firm's first MQB modular platform vehicle to feature rear leaf springs, providing increased load-carrying capacity.
Although the exact payload capacity and engine line-up remain undisclosed, rumors suggest a payload of over 700kg and potential engine options ranging from a 1.0 TSI to a 1.5-litre 'Evo' turbopetrol engine. Production of the Tukan is set to begin in 2027 at Volkswagen's São José dos Pinhais plant in Brazil, with local estimates suggesting a possible 2029 introduction to South Africa, should the vehicle receive the necessary approval.
Written by urgent.news from IOL's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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