Tag: MTN Group

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Ralph Mupita-led MTN Group to sell stake in $5.2-billion fintech unit to Mastercard

Under the leadership of Zimbabwean executive Ralph Mupita, MTN Group has solidified its position as Africa’s largest telecom services provider.

Ugandan tycoon Charles Mbire’s MTN Uganda posts more than $60-million profit in H1 2023

Holding a 3.99-percent stake in the telecom services provider, Mbire's stake in MTN Uganda is $42 million.

Lebanese Prime Minister Najib Mikati’s stake in Africa’s largest telecom company is worth $900 million

Mikati, a three-time prime minister of Lebanon, co-founded the Beirut-based investment firm M1 Group in 2007.

Africa’s largest telecom group CEO Ralph Mupita gains $1 million from MTN stake

The surge in the market value of Mupita's minority 0.043-percent stake in MTN Group can be attributed to renewed investor interest.

American-Nigerian mogul Sam Darwish’s IHS consults JPMorgan amid standoff with MTN

IHS Holding, founded by Sam Darwish in 2001, remains the largest telecom infrastructure group in terms of tower count in Africa


South African banker Alan Pullinger’s salary at FirstRand amounts to $2.7 million in 2023

Pullinger’s ascent to the CEO role in 2018 came after three years as deputy CEO of FirstRand, a position he assumed in October 2015.

Khaby Lame emerges as one of 2023’s top earners, amassing $16.5 million

Lame's claim to fame revolves around his unique comedy skits that humorously debunk overly complex “life hacks” entirely without uttering a word.

4 companies owned by Kendrick Lamar

Beyond his groundbreaking contributions to the music industry, Lamar subtly and strategically diversifies his financial portfolio.

Greek multimillionaire John Coumantaros gains $10.5 million from Flour mills stake

Coumantaros ranked as one of the richest investors on the Nigerian Exchange, owns a 63.34-percent stake in Flour Mills.