Former MTN CEO Phuthuma Nhleko is rejoining the group’s board, this time as its chairman, outgoing chairman Cyril Ramaphosa announced at its annual general meeting on Tuesday. Nhleko, who was appointed as the group’s CEO in 2002 and led a series of acquisitions across Africa and the Middle East that built MTN into a leading
Browsing: Cyril Ramaphosa
New twists have emerged in the US$4,2bn lawsuit filed by MTN’s cellphone rival, Turkcell, in a US court. Chris Kilowan, the disgruntled former MTN director in Iran who, according to sources, approached Turkcell with MTN memos that formed part of the court filings but have yet to be verified, could find that his actions backfire on him.
Emerging-markets telecommunications giant MTN is gearing up to fight a series of damaging allegations and legal action by Turkcell over claims by the Turkish operator that the JSE-listed group was awarded an operating licence in Iran corruptly. MTN claims
MTN Group chairman Cyril Ramaphosa on Wednesday delivered a tribute to outgoing CEO and president Phuthuma Nhleko, who is leaving the telecommunications operator at the end of March. See the video here
Shanduka Group, controlled by leading black businessman Cyril Ramaphosa, has acquired a vast economic interest in the telecommunications group.
The board of Africa’s largest mobile phone operator, MTN, should be in a position to announce the name of the group’s new CEO “within the next month or two”. That’s the word from outgoing CEO Phuthuma Nhleko, who was speaking during question time at the presentation of the group’s interim financial results in Johannesburg on Thursday.
MTN has confirmed what many have long suspected. The cellular group’s president and CEO, Phuthuma Nhleko, is to step down.…
MTN and Bharti decided to terminate merger talks, the national treasury said on Wednesday after talks between finance minister Pravin…