MTN’s interim group executive chairman, Phuthuma Nhleko, took home more than R72m in the 2016 financial year, during which time he acted as CEO and as chairman of the crisis-hit emerging markets telecommunications
Browsing: Ferdi Moolman
MTN Group, responding in detail to allegations that the wireless carrier illegally moved more than US$14bn out of Nigeria, said central bank approvals were obtained before any dividends were issued. “No dividends were declared
MTN Group shares slumped to a six-year low after a Nigerian senator claimed the wireless carrier may have illegally moved more than the previously estimated US$14bn out of the country, citing early findings
MTN has hit back at allegations emanating from Nigeria’s senate that it illegally moved almost US$14bn (about R188bn) out of the West African country. The company is accused of repatriating the funds over 10
MTN has dished out R5,2m worth of shares to the CEO of its South African unit, Mteto Nyati. In a statement to shareholders on Friday, MTN said it had provided Nyati with an “off-market award of shares” as part of its performance share plan
MTN has launched a pilot broadcasting service using digital terrestrial television. The pilot, being run in Nigeria, follows the decision by the Nigerian Broadcasting Corporation to award its
MTN’s Nigerian operation is likely to report a profit after tax of approximately R15,9bn for the year ended 31 December 2015, it was revealed on Tuesday. The JSE-listed telecommunications operator, which is facing a R65,2bn fine from Nigerian authorities for failing to disconnect 5m
The telecommunications group has received a major shake-up, which has resulted in the appointment of a new chief operating officer and the “resignation” of the CEO of its Nigerian operation. Nigerian CEO Michael Ikpoki and head of regulatory and corporate affairs
MTN has named its former South African chief marketing officer, Brian Gouldie, as the new CEO of its operation in Uganda. Ugandan CEO Mazen Mroue has been named as the new chief operating officer of MTN Irancell, MTN’s affiliate in Iran. Ferdi Moolman, meanwhile, has named the current chief operations