Browsing: Michael Ikpoki

After the publication of its annual report this week, the headlines focused on former chief executive Sifiso Dabengwa’s R23,7m “golden handshake” following his resignation in November amid the MTN Nigeria fine fallout. We also learnt that chairman

MTN has reportedly come under fire from the Public Investment Corp (PIC) for giving its former CEO, Sifiso Dabengwa, a R23,7m golden handshake. Dabengwa resigned suddenly in November after the group’s Nigerian operation was fined US$5,2bn

The money MTN paid its top executive management team, including its former CEO Sifiso Dabengwa, jumped to R165,6m in the 2015 financial year. That’s an increase of 18,8% over the R139,4m it paid in 2014, driven higher by three golden

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

MTN has decided to take the legal route to challenge a US$3,9bn fine imposed on it by the Nigerian Communications Commission. This is after it exhausted all other options to have the fine reduced, it said in a statement to shareholders on the JSE’s stock

Nigerian regulators’ decision to reduce MTN’s multibillion-dollar fine is a “positive” move and if the penalty was “arbitrary”, then the company would have turned to the courts. This is according to a board member for the South Africa-Nigeria

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

Telecommunications group MTN will review its senior management team in Nigeria after a regulator there imposed a record-setting US$5,2bn (R71bn) fine on the subsidiary company for allegedly failing to deactivate as many as 5,1m Sim cards before a deadline to do so

Telecommunications group MTN has announced a major shake-up of executive responsibilities, with a series of new senior appointments at group level and at its key operations in South Africa, Nigeria and Ghana. MTN Ghana CEO Michael Ikpoki has been named as

MTN has appointed Ahmed Faroukh as vice president of its West and Central African Africa region, promoting him from his position as CEO of MTN Nigeria