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Schedule 1 - COMPANY STATEMENT OF CASH FLOWS (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Cash from operations $ 902,923 $ 966,874 $ 788,073
Income taxes paid (45,411) (51,245) (29,147)
Net cash generated from operating activities 853,453 907,303 750,189
Cash flow from investing activities      
Purchase of property, plant and equipment (464,897) (378,521) (238,145)
Purchase of software and licenses (22,811) (15,695) (5,054)
Investment in subsidiaries (4,486) (735,740) (401,039)
Interest income received 25,008 15,170 7,798
Net cash used in investing activities (722,249) (1,517,288) (877,949)
Cash flows from financing activities      
Capital raised     378,000
Cost of capital raised     (28,154)
Shares repurchased and canceled through buyback program (10,037)    
Interest paid (299,029) (234,567) (168,285)
Bank loans and bond proceeds received (net of transaction costs) 986,604 1,263,272 1,076,063
Fees on loans and derivative instruments (19,441) (19,911) (20,426)
Bank loans and bonds repaid (689,940) (506,504) (653,504)
Premium paid on derivative instruments   (910)  
Profits received on derivative instruments 839 (3,197) 37,711
Net cash (used in)/generated from financing activities (162,301) 398,241 524,265
Net (decrease)/increase in cash and cash equivalents (31,097) (211,744) 396,505
Cash and cash equivalents at beginning of year 514,078 [1] 916,488 585,416
Effect of movements in exchange rates on cash (189,158) (190,666) (65,433)
Cash and cash equivalents at end of year 293,823 514,078 [1] 916,488
Parent Company      
Cash flows from operating activities      
Cash from operations (105,822) (86,202) 15,045
Income taxes paid     (338)
Net cash generated from operating activities (105,822) (86,202) 14,707
Cash flow from investing activities      
Purchase of property, plant and equipment (35)   (206)
Purchase of software and licenses (1,351) (54) (827)
Investment in subsidiaries (33,588) (439,141) (439,486)
Loan disbursed to subsidiaries (600) (254,615) (507,215)
Loan principal repayment received from subsidiaries 43,007 47,601 35,543
Loan interest repayment received from subsidiaries 23,632 39,401  
Interest income received 8,490 3,270 264
Net cash used in investing activities 39,555 (603,538) (911,927)
Cash flows from financing activities      
Capital raised     378,000
Cost of capital raised     (28,154)
Shares repurchased and canceled through buyback program (10,038)    
Interest paid (92,549) (69,075)  
Bank loans and bond proceeds received (net of transaction costs)   643,785 979,405
Loan receipts from subsidiaries   100,000  
Fees on loans and derivative instruments (10,185) (11,574) (11,803)
Bank loans and bonds repaid   (280,000)  
Premium paid on derivative instruments   (910)  
Profits received on derivative instruments 419    
Net cash (used in)/generated from financing activities (112,353) 382,226 1,317,448
Net (decrease)/increase in cash and cash equivalents (178,620) (307,514) 420,228
Cash and cash equivalents at beginning of year 245,373 554,100 135,115
Effect of movements in exchange rates on cash 582 (1,213) (1,243)
Cash and cash equivalents at end of year $ 67,335 $ 245,373 $ 554,100
[1] Re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.