Browsing: Cyril Ramaphosa

DA airtime campaign irks ANC

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The ANC in Gauteng has called on its members to boycott mobile operator MTN after the Democratic Alliance began running an election campaign printed on 2,5m of the operator’s prepaid airtime vouchers. The Sowetan newspaper reported on Tuesday that the DA bought advertising space on MTN vouchers to be sold in spaza shops

Phuthuma Nhleko to chair MTN board

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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

MTN’s leak could be hung out to dry

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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.

MTN in preemptive strike over corruption allegations

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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

Ramaphosa pays tribute to MTN’s Nhleko (video)

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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

Ramaphosa takes R187m bet on MTN

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Shanduka Group, controlled by leading black businessman Cyril Ramaphosa, has acquired a vast economic interest in the telecommunications group.

MTN to name Nhleko’s successor

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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.