MTN Group could cash in from an initial public offering of Africa’s largest telecommunication towers company by selling down a stake valued by the wireless carrier at about R27bn. IHS Towers, of which Johannesburg-based MTN
Browsing: Ralph Mupita
MTN on Wednesday said group revenue increased by 7,1% year on year, supported by a 29,4% improvement in data revenue, suggesting a return to a firmer footing for the Johannesburg-headquartered emerging markets telecommunications giant. However, group subscriber
Peter Moyo is stepping down as nonexecutive chairman of Vodacom after seven years on the telecommunications group’s board. He will retire and step down on 18 July, the date of Vodacom’s annual
MTN Group’s new CEO, Rob Shuter, begins work on Monday morning, taking the reins from interim executive chairman Phuthuma Nhleko at a time of considerable operational challenges at Africa’s biggest telecommunications operator. Shuter, until
MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the
The amount of time the average First National Bank customer spends in a branch will fall to 86 minutes in 2016, from 100 minutes in 2015, a decline of 14% year on year, FNB Business chief information officer Peter Alkema said
Telecommunications group MTN has a new chief financial officer. Ralph Mupita, the CEO of Old Mutual emerging markets, will take over as MTN’s CFO on 3 April 2017. Mupita’s appointment adds to a growing list of top executives
The economic crisis following President Jacob Zuma’s treasury debacle has finally brought about a convergence of government and business, former Nedbank chairman Reuel Khoza said on Tuesday