Browsing: Ralph Mupita

News
MTN bosses rake in rich rewards

MTN Group CEO Rob Shuter was paid R42.9-million in the financial year ended 31 December 2018, up from R40.6-million in 2017, while other top executives were also handsomely rewarded.

News
MTN talks of scrapping Nigeria IPO

MTN Group, facing a combined $10-billion in claims from Nigerian authorities, has said it may no longer seek to raise capital through an initial public offering on the country’s stock exchange.

News
Debt, Iran worries send MTN shares tumbling

MTN Group has warned that renewed US-led economic sanctions against Iran had once again tied up funds in its second biggest market, scuppering plans to turn the country into a cash cow after years of troubles.

News
MTN set to raise R13.8bn in Nigeria debt

MTN Group plans to borrow as much as 400bn naira (US$1.1bn; R13.8bn) in Nigeria this year as Africa’s largest wireless carrier by sales seeks to fund local investment and replace existing debt in the continent’s

News
MTN shores up African base

Benin and Cameroon appear to have escaped MTN’s chopping block. MTN Group said on Thursday it has all but resolved disputes with the governments and regulators in the two West African markets, suggesting

In-depth
Can MTN become Africa’s biggest bank?

When the continent’s largest mobile operator by subscribers, MTN, appointed Rob Shuter as group CEO, Stephen van Coller as one of its vice presidents and Ralph Mupita as chief financial officer in 2016, the strategy was plain

News
MTN bosses pull in the big bucks

MTN is not shy to pay its newly constituted management team the big bucks, the telecommunications group’s 2017 annual report shows. The report, published on Thursday, reveals that MTN’s new group CEO

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