Former MTN Group CEO Sifiso Dabengwa and two other well-known ICT industry executives, Alan Farthing and Clive Butkow, have joined the board of the recently delisted technology group Gijima
Browsing: Phuthuma Nhleko
MTN interim executive chairman Phuthuma Nhleko has defended the R23,7m golden handshake given to former CEO Sifiso Dabengwa, who resigned in November 2015 following a US$5,2bn fine
MTN Group said on Wednesday that it will appoint a new CEO by the end of June “at the latest”. In a note to shareholders ahead of the group’s AGM, MTN said the search for a new CEO was “well under way”. Former MTN CEO Phuthuma Nhleko
Phuthuma Nhleko will stay on as interim executive chairman of MTN until he has resolved the dispute with Nigerian authorities over a record US$3,9bn fine imposed on the telecommunications group’s Nigerian
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
Former MTN CEO Sifiso Dabengwa was given a R23,7m golden handshake after resigning from the telecommunications group last year. Dabengwa resigned from the company on 9 November 2015, just months after
Nigeria and South Africa have again served to put pressure on MTN’s subscriber numbers, with group customers declining by 1,4% quarter on quarter for the three-month period ended 31
Telecommunications group MTN has rubbished reports that it plans to list in Nigeria, saying that it is only considering a listing of its subsidiary, MTN Nigeria. The JSE-listed group said in a
MTN’s share price leapt higher in intraday trading on Wednesday after announcing it had made a 50bn naira (US$250m; R3,8bn) payment to Nigerian authorities and withdrawn legal action in the federal high court in Nigeria. MTN’s shares jump to a
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