MTN Group requires that its executives buy and hold shares at a level in proportion to their annual fixed packages.
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Executives at MTN Group have received millions of rand in shares as part of the firm’s performance share plan.
Rob Shuter, the former president and CEO of MTN Group, received R68.1-million in remuneration, including R30.1-million in bonuses, in his final eight months at the emerging-markets telecommunications giant.
MTN Group CEO Rob Shuter was paid R42.9-million in the financial year ended 31 December 2018, up from R40.6-million in 2017, while other top executives were also handsomely rewarded.
A record wave of stock is heading for Ghana’s market as MTN Group is said to prepare to sell a chunk of its local unit to investors for about $790m (R9.2bn). The shares should be snapped up, the country’s
Big changes are sweeping through the management corridors at MTN Group, with a former top Vodacom managing executive, digital financial services expert Herman Singh, set to take the leading