Rob Shuter’s announcement that he will not seek to extend his contract as MTN Group CEO a year before it ends will allow the board enough time to pick a suitable candidate.
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The stock market’s latest plunge pulled global equities into a bear market with traders taking fright at the potential economic damage of the coronavirus.
Bitcoin slumped through $6 000 on Thursday, leading a rout of cryptocurrencies amid a wider global risk asset sell-off over the intensifying coronavirus crisis.
When Google published revenue from its cloud business for the first time last month, a feeling of bitter vindication swept through IBM.
Many members of the Libra Association – a Facebook-led effort to create a global cryptocurrency – are now also backing a rival effort.
Leading MTN Group has come at an “enormous sacrifice”, outgoing CEO Rob Shuter said on Wednesday at a media conference following the presentation of the telecommunications operator’s 2019 financial results.
MTN Group CEO Rob Shuter will step down from his role at the end of his fixed four-year contract in March 2021, he announced in a conference call on Wednesday morning.
Eskom can’t say when exactly the current bout of rolling blackouts will end. The state-owned power monopoly said on Wednesday that load shedding will continue until at least the weekend.
South African business sentiment plunged to the lowest level in more than two decades in the first quarter and could weaken even further as the coronavirus hits the domestic and global economy.
Boris Johnson has survived the first Conservative rebellion of the new UK parliament over the involvement of Chinese telecommunications firm Huawei in Britain’s 5G networks.