Browsing: Rob Shuter

Rob Shuter to take MTN reins in March

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Rob Shuter, MTN’s incoming group president and CEO, will join the telecommunications operator earlier than previously expected. Shuter, who is serving notice at Vodafone, will join MTN on 13 March

MTN shares slump to six-year low

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MTN Group shares slumped to a six-year low after a Nigerian senator claimed the wireless carrier may have illegally moved more than the previously estimated US$14bn out of the country, citing early findings

MTN, MMI in micro insurance tie-up

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MTN Group and financial services provider MMI Holdings have announced they’re creating a new joint venture, branded aYo, to deliver micro insurance solutions across Africa. Insurance penetration is low

Enzo Scarcella quits Telkom for MTN

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Telecommunications industry veteran Enzo Scarcella is leaving his role as chief marketing officer at Telkom after spending three years at the company. Prior to joining Telkom, Scarcella was the managing executive at

MTN bets the farm on financial services

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What more is there to say about MTN? It’s been an especially horrific 12 months for the company (and shareholders). But the group is sitting with a very large problem (to be fair, it has many others too): it is

MTN gains despite first-ever loss

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MTN Group shares gained the most in more than five weeks after Africa’s biggest mobile phone operator booked the full value of a 330bn naira (US$1bn) fine in Nigeria, drawing a line under a 10-month saga that

Van Coller named as MTN M&A chief

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MTN is hiring the head Absa of Absa’s Corporate and Investment Bank as its vice-president of strategy and mergers & acquisitions. Stephen van Coller will join the telecommunications group on 1 October 2016

MTN hits back at ‘white CEO’ critics

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MTN has hit back at those who have criticised it for appointing a white group CEO in the form of outgoing Vodafone executive Rob Shuter. In a lengthy statement on Friday evening, MTN defended its record