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MTN Group appoints chief risk officer and new MTN Nigeria CEO

2020-10-26 09:54:00| Telecompaper Headlines

(Telecompaper) MTN Group has announced the appointment of Karl Toriola, current vice president of its West and Central Africa (WECA) regionm as MTN Nigeria CEO. He takes over from Ferdi Moolman, who has served in the role for five years and will return to South Africa to assume the new role of group chief risk officer. Both appointments are effective from 01 March 2021.

Tags: group risk chief officer

 

PepsiCo unveils Mtn Dew cocktail Dew Garita in Red Lobster tie-up

2020-09-17 16:13:00| Daily beverage news and comment - from just-drinks.com

PepsiCo has launched an alcoholic RTD under its Mtn Dew soft drinks brand in the US.

Tags: red cocktail dew unveils

 
 

MTN Group announces CFO Mupita to replace Shuter as CEO in September

2020-08-19 11:04:00| Telecompaper Headlines

(Telecompaper) MTN Group has announced that CFO Ralph Mupita has been appointed as the new group president and CEO with effect from 01 September. Current MTN CEO Rob Shuter will step down from his executive responsibilities on 31 August and will thereafter support Mupita as required until the end of his fixed-term contract in early 2021. An update regarding the CFO position will be by 01 September.

Tags: group september replace ceo

 

MTN to withdraw from Middle East, will focus on Africa

2020-08-07 02:00:00| Total Telecom industry news

MTN is set to gradually retreat from its Middle Eastern businesses, said CEO Rob Shuter on a conference call yesterday. Instead, MTN will focus its efforts back on its home continent of Africa.   MTN’s time in the Middle East, where it operates in Iran, Yemen, and Syria has been a troubled experience over the past 15 years…read more on TotalTele.com »

Tags: east middle focus africa

 

MTN Group revenue rises 9% in H1, announces plans to exit Middle East

2020-08-06 09:20:00| Telecompaper Headlines

(Telecompaper) MTN Group reported service revenue growth of 9.4 percent to ZAR 80 billion in the first six months to 30 June, and EBITDA up 10.9 percent year-on-year to ZAR 42 billion, as efficiency initiatives drove improvement in margins. The South Africa-based mobile operator also said it plans to exit the Middle East over the medium term to focus on Africa and is in advanced talks to sell its majority stake in MTN Syria. 

Tags: group east middle plans

 

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