MTN Group requires that its executives buy and hold shares at a level in proportion to their annual fixed packages.
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The telecommunications industry is concerned that a request that it receive diesel rebates has been ignored.
MTN will support community policing forums to fight rampant theft and vandalism of equipment at its base stations.
Senior management changes have been announced at MultiChoice Group and MTN South Africa.
Executives at MTN Group have received millions of rand in shares as part of the firm’s performance share plan.
MTN South Africa’s margins remain under pressure as the company invests in making its network resilient against load shedding.
MTN is spending up to R5-billion dealing with the negative impact of higher levels of load shedding on its network.
MTN South Africa said it contributes R76-billion, 17 times its profit, to South Africa’s economy.
MTN will supply backup power to traffic lights close to its base stations in Soweto to help alleviate congestion.
MTN South Africa will deploy a 4.5MW multi-technology energy production facility at its head office.