Browsing: Phuthuma Nhleko

There is little risk of MTN creating two centres of power, one around CEO-designate Sifiso Dabengwa and the other around the still-to-be-appointed CEO of MTN International. That’s the view of Kristoff Puelinckx

Sifiso Dabengwa will replace Phuthuma Nhleko as MTN group CEO and president on 1 April, the mobile operator announced on Monday morning. Mr Dabengwa, aged 53, has a BSc in electrical engineering and an MBA

If you think 2010 disappeared in a flash, you’re not the only one. It’s been a tumultuous and fast-paced year in local IT and telecommunications, especially in politics. Communications minister Siphiwe Nyanda was axed, replaced

Shanduka Group, controlled by leading black businessman Cyril Ramaphosa, has acquired a vast economic interest in the telecommunications group.

Outgoing MTN Group marketing director Santie Botha has become the latest in a growing list of senior executives at the JSE-listed cellphone giant to sell shares worth millions of rand. Botha, who announced recently she would leave

MTN Group CEO Phuthuma Nhleko has offloaded more than 3,2m shares in the mobile telecommunications group. The shares have netted Nhleko a cool R424m. The sale comes just months before Nhleko is due to leave the group

MTN chief marketing officer Santie Botha has quit after seven years at the cellphone group. She’s leaving to “pursue new endeavours”, according to a statement. Botha was appointed to MTN’s board in 2003

MTN president and CEO Phuthuma Nhleko has described suggestions that India’s Bharti Airtel poses a big threat to the JSE-listed telecommunications group’s interests in Africa as “exaggeration and oversimplification”. Analysts this week raised concerns that Bharti, which recently acquired Zain’s African assets, could start a price war with MTN in several key markets, including Nigeria.

Telecommunications group MTN faces tougher times in the 20 territories in which it operates outside SA as regulators across Africa and the Middle East begin to flex their muscles. Outgoing group president and CEO Phuthuma Nhleko says operators across the region are facing tougher regulations.