Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

4G/5G

MTN's South Africa CEO Jumps Ship

Article Image
When former senior Vodafone executive Rob Shuter agreed to become the new group CEO at MTN, he must have known it was going to be a challenging role.

MTN, which boasts more than 230 million customers in 35 countries across Africa and the Middle East, has had a tumultuous past 18 months following a regulator's fine in Nigeria that led to the forced resignation in late 2015 of previous permanent CEO Sifiso Dabengwa. That was followed by what MTN described in its 2016 full-year financial report as "the most challenging year in the company’s 22-year history," resulting in flat revenues, a dip in operating margin and a net loss.

But Shuter's list of things to do on Day 1 probably hadn't included "finding out what the hell is going on with the South Africa business," which delivers services to nearly 31 million customers. Now it probably does.

MTN South Africa CEO Mteto Nyati, once considered a potential candidate for the Shuter's new role, has quit to take the CEO job at South African IT and electronics group Altron, where he will start on July 1.

Mteto Nyati is jumping ship just as new MTN group CEO Rub Shuter arrives.
Mteto Nyati is jumping ship just as new MTN group CEO Rub Shuter arrives.

Officially, Nyati's final day at MTN South Africa is March 13: He will be replaced by Godfrey Motsa, currently vice president of MTN's South and East Africa operation (which excludes South Africa).

Karl Toriola, vice president of MTN West and Central Africa (WECA), will take responsibility for the South and East Africa region until a permanent replacement for Motsa is appointed.

New CEOs usually arrive and then shake up the top level management team: Shuter may find he just needs to calm the waters at MTN and set the corporate ship back on a steady path, rather than stir things up.

— Ray Le Maistre, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profile, Editor-in-Chief, Light Reading

Innovation hub

Story

Hot startup of the month: SA's FlexClub

South African startup FlexClub has launched a managed marketplace that helps independent drivers on digital platforms become vehicle owners.

Story

Econet and X's Project Taara join forces to connect Africa

Econet Group and Google X's Project Taara are teaming up to deploy new high-speed Internet technology to communities across sub-Saharan Africa.

More Innovation hub

Industry announcements

More Industry announcements

Latest video

More videos

AfricaCom perspectives

Story

AfricaCom Interview: Onica Makwakwa on closing the digital gender gap

The Alliance for Affordable Internet's head of Africa, Onica Makwakwa, shares her views on how to narrow the digital gender gap and the challenges keeping women offline on the continent.

Story

AfricaCom Interview: Tunde Fafunwa on how the ACIP is fighting COVID-19

Tunde Fafunwa from the UN Economic Commission for Africa explains how the Africa Communication and Information Platform (ACIP) is helping Africa's battle against COVID-19.

Story

AfricaCom Interview: Temidayo Oniosun on Africa's space and satellite industry

Space in Africa founder, Temidayo Oniosun, shares his views on the challenges and opportunities in the African space and satellite industry.

More AfricaCom perspectives

Partner perspectives

SD-WAN and satellite – how MNOs and telcos can enjoy the best of both worlds
By Ofer Asif, SVP BizDev, marketing and strategy at Spacecom

Africa's mobile operators need better roaming monetization for growth
By Damion Rose, product manager for Mobile Signaling and Roaming Solutions at BICS

How Africa's operators are driving socio-economic development
By Clémentine Fournier, VP Sales Africa at BICS

All Partner Perspectives

Upcoming events

Africa Green ICT Forum
December 2, 2020
Virtual Event
More Upcoming events

Flash poll

All polls

Archived webinars

AfricaCom 2020 Digital Symposium - Day 2

Session One

Mobile Money 2.0: the Bright Future of Mobile Financial Service Innovation
Date: 08/20/20 @ 11:00 A.M. SAST

Speaker: Paula Gilbert, Editor, Connecting Africa

Africa was the birthplace of Mobile Money and while it continues to rise in popularity, the industry is quickly evolving and launching more mobile-based financial services every day. In this Connecting Africa online event, local analysts and industry stakeholders will discuss how telcos are disrupting the financial services space and what the rise of Mobile Money 2.0 will look like for Africa.

  • From cash to mobile: heading towards a cashless society
  • Expanding MFS offerings beyond mobile money transfers
  • MNOs vs banks vs fintechs: an evolving competitive landscape
  • Unconnected and unbanked: fintech to improve financial inclusion
  • The rise of micro-loans and insurance through mobile platforms

12:15 P.M. - 12:30 P.M. BREAK

Session Two

Connecting the Next Billion: Strategies for Getting Africa On-Grid
Date 08/20/20 @ 12:30 P.M. SAST

Speaker: Paula Gilbert, Editor, Connecting Africa

Africa has the fastest growing population in the world and also the youngest, with 60% of Africans under the age of 25. It is clear that the next billion connected are going to be the mobile-only generation. This digital symposium will bring industry experts together to discuss Africa’s digital divide and how to get devices into the hands of young Africans and empower them to join the digital revolution.

  • Who’s Driving? The role of government & regulator, private tech companies, and public-private partnerships
  • Device affordability: are we reaching a tipping point?
  • Status check: Satellite vs Fiber and the enduring infrastructure gap
  • Exploring the wider societal and economic benefits of a connected, digitally literate continent


More Webinars

Infographics

Safaricom Spark Fund Portfolio

Infographics archive

Slideshows

AfricaCom 2019 Preview

Slideshow archive

Like us on Facebook

Newsletter Sign Up


Sign Up