Browsing: Cyril Ramaphosa

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…