Executives at MTN Group have received millions of rand in shares as part of the firm’s performance share plan.
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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