MTN will not have to pay a US$5,2bn fine to Nigerian authorities today, 16 November, which was previously the deadline set down by the Nigerian Communications Commission for payment of the record-setting penalty after the telecommunications operator
Browsing: Sifiso Dabengwa
After two weeks of uncertainty in which its share price fell by 17,5%, MTN finally provided some clarity to shareholders on Monday. The announcement that CEO Sifiso Dabengwa had resigned with immediate effect led to the first substantial engagement with the market since the operator was issued
MTN Group CEO Sifiso Dabengwa has lost his job. Dabengwa will leave MTN with immediate effect, MTN said in a statement to shareholders early on Monday morning. His exit – which MTN is describing as a resignation
In a hard-hitting statement, MTN’s largest shareholder, the Public Investment Corp, has “noted” the resignation of group CEO Sifiso Dabengwa but said that “a lot more people need to take
The resignation of MTN CEO Sifiso Dabengwa is a “loss to the industry”, says Vodacom CEO Shameel Joosub. Dabengwa joined MTN in 2004 as the company’s CEO in Nigeria. He then
Analysts say more senior executives at mobile network MTN may have to face the music after the resignation of group CEO Sifiso Dabengwa. Dabengwa is the first executive casualty at MTN after the
The resignation of MTN’s group CEO Sifiso Dabengwa should not be seen as an admission of wrongdoing, the operator’s spokesman said. MTN on Monday confirmed that Dabengwa had
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
Shareholders looking for a detailed update on Monday about MTN’s negotiations with Nigerian authorities over the US$5,2bn (R72bn) fine levied on the telecommunications group by the Nigerian
MTN has enlisted the help of the South African government and is meeting with Nigerian officials “at the highest level” as it moves to fight off a damaging US$5,2bn fine by the Nigerian