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Phuthuma Nhleko

South Africa: MTN confirms Ramaphosa’s retirement

Following the MTN Group's Annual General Meeting, held on 28 May 2013, the mobile services operator has confirmed the retirement of Cyril Ramaphosa as non-executive director and Chairman of MTN. Ramaphosa has served as Chairman of the MTN Board since 2001. The company...

‘No bribes were approved or paid with my consent’- Former MTN Group CEO

In response to allegations of bribery and "extensive corruption" made by Turkcell against MTN over the Iran telecom license debacle, Phuthuma Nhleko, former MTN Group CEO, has responded with a vehiment denial that any bribes were approved or paid with his consent or...

MTN offers a whopping US$7,8bn for Djezzy

EGYPTY'S mobile cellular giant, Orascom has confirmed talks with MTN aimed at taking over its Algerian unit, Djezzy, an official confirmed. If the MTN, Orascom Group negotiations reach fruition, then MTN has still another hurdle in facing Algeria's government laws...

MTN CEO to step down- union reacts scathingly

The Communication Workers Union (CWU) has yet again accused mobile companies of not treating the working class fairly, following the announcement that MTN Chief Executive Officer, Phuthuma Nhleko, was leaving his continental mobile giant as from March 2011. "His departure...

MTN Group CEO to step down

MTN Group President and CEO, Phuthuma Nhleko has indicated that he will not be renewing his contract with the group when it expires on 30 June 2010. According to a statement released by the company, Mr. Nhleko will stay on...

MTN makes key African appointments

The MTN Group has announced new key executive appointments in its African operations, with new CEO’s being installed in its Uganda, Rwanda, Zambia, Liberia, Guinea Bissau and Côte d’Ivoire territories. Mr Themba Khumalo, the current CEO of MTN Rwanda is...
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Novus Holdings Invests R55 Million in AI Innovation Company

Novus Holdings has invested R55 million in Bytefuse, an AI company, to enhance its enterprise-scale solutions. Maski, an AI-powered tutoring...
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