Following the surprise news on Monday morning that MTN Group CEO Sifiso Dabengwa is “resigning” with immediate effect, the telecommunications operator has issued the following statement: MTN wishes to inform the market that MTN’s
Browsing: Phuthuma Nhleko
Former MTN CEO Phuthuma Nhleko is rejoining the group’s board, this time as its chairman, outgoing chairman Cyril Ramaphosa announced at its annual general meeting on Tuesday. Nhleko, who was appointed as the group’s CEO in 2002 and led a series of acquisitions across Africa and the Middle East that built MTN into a leading
Although an MTN-commissioned investigation has ostensibly cleared the company of wrongdoing in Iran, its report is replete with examples of how the telecommunications group’s well-connected executives intervened to influence South African diplomacy in its favour. MTN
Last week Republicans seized on news that David Plouffe, a senior advisor in the White House, had accepted $100 000 from a subsidiary of MTN for two speeches he gave in Nigeria shortly before joining the White House staff in 2010. “Today’s story raises serious questions about [US President] Barack Obama’s senior
Former ambassador to Iran Yusuf Saloojee has been suspended from his position at the department of international relations & cooperation. “Yes, he has been suspended pending the outcome of an investigation,” spokesperson Clayson Monyela said. The investigation related to allegations that Saloojee accepted
Turkish cellphone operator Turkcell has accused SA-based multinational mobile giant MTN of orchestrating a “cover-up” rather than a credible investigation into claims that the South Africans bribed and influence-peddled their way into Iran in 2005. The Turkish company said in a statement that
The MTN group CEO Sifiso Dabengwa said on Friday the record needed to be set straight regarding allegations of bribery relating to a mobile phone licence in Iran. “MTN has been threatened and attacked by a disappointed competitor and a disgruntled former employee,” he said in a statement
Former MTN Group president and CEO Phuthuma Nhleko has again rubbished allegations that either he or the telecommunications operator paid bribes to secure an operating licence in Iran. In a statement, Nhleko says the allegations, made by Turkcell, are without foundation
New twists have emerged in the US$4,2bn lawsuit filed by MTN’s cellphone rival, Turkcell, in a US court. Chris Kilowan, the disgruntled former MTN director in Iran who, according to sources, approached Turkcell with MTN memos that formed part of the court filings but have yet to be verified, could find that his actions backfire on him.
Former MTN Group CEO Phuthuma Nhleko has distanced himself from a controversial mobile operating licence in Iran that put together a package of bribes, trading opportunities in sophisticated weaponry, capital investment and diplomatic influence that the Islamic Republic could not resist. “I can state quite categorically that during