Browsing: Ralph Mupita

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.

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.

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

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

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

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

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

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