Investors wanted someone from outside of MTN with telecoms experience.— Loni Prinsloo, Bloomberg
MTN Group named Vodafone Group’s Rob Shuter as CEO, turning to a seasoned executive to lead Africa’s biggest mobile-phone company following the settlement of a record fine in Nigeria.
Shuter, a South African who leads Vodafone’s European cluster as CEO, will start by 1 July 2017, MTN said in a statement on Monday.
The Money Show’s Bruce Whitfield interviewed Bloomberg News Johannesburg journalist Loni Prinsloo.
Scroll down for quotes from the audio below.
Large investors wanted a South African.— Loni Prinsloo, Bloomberg
Recommendedby NEWSROOM AI
Dr Seuss called it "the waiting place"; it kills businesses, warns small business guru Pavlo Phitidis.
Personal finance advisor Warren Ingram discusses "dread disease benefits", typically paid out as a lump sum.
Bruce Whitfield interviews analyst Chris Gilmour about his attitude toward money (hopes and fears, successes and failures, etc.).
Saving money on boring stuff such as a car can allow you to do really outrageous and courageous stuff, says Sam Beckbessinger.
The second most complained about company was JD Group with Vodacom coming in third.
MTN's culture makes it unsurprising that this has happened, says First Avenue Investment Management’s Hlelo Giyose.
Post-election, national chairperson advocate Dali Mpofu evaluates the party's gains.
Capitec Bank, however, is keeping its customers decidedly happy. Bruce Whitfield interviews consumer journalist Wendy Knowler.
An expert on human trafficking explains how the syndicate operates and how women are lured into dens.