Posts Tagged ‘Executive Chairman of MTN’

Buhari bows to Pressure as MTN’s Fine Slashed to $3.4 Billion

The Nigerian Communications Commission cut the fine imposed on MTN Group Ltd. to $3.4 billion from a record $5.2 billion as the chief executive officer in the country quit as part of broader changes to improve oversight at Africa’s biggest mobile-phone operator. “MTN has received a formal letter dated Dec. 2, 2015 from the NCC […]

Freedom Phuthuma Nhleko Appointed as MTN’s CEO

Mr. Freedom Phuthuma Nhleko has assumed office as Executive Chairman of MTN following the resignation of MTN Group CEO Sifiso Dabengwa over the US$5.2bn fine by Nigeria’s Financial regulators. Freedom Phuthuma Nhleko (born 7 April 1960) is a South African businessman, former CEO of the MTN Group, which is an Africa-focused holding group involved primarily […]