Asante oversees the company’s operations in three key regions.
MTN Group
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Beyond his executive and governance roles, Molapisi also holds a minority stake in MTN, owning 0.0029 percent of the leading telecom company.
- Southern Africa
South African exec Tsholofelo Molefe earns $1.1-million salary from MTN Group in 2022
Under Molefe’s astute leadership as group CFO, MTN Group has experienced a remarkable surge in profitability and revenue.
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The legal uncertainty cast by Baba Ahmadou Danpullo, who ranks as Cameroon’s richest man, threatens the group’s $200-million investment.
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Under the leadership of Zimbabwean executive Ralph Mupita, MTN Group has solidified its position as Africa’s largest telecom services provider.
- East Africa
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.
- Southern Africa
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.
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The surge in the market value of Mupita’s minority 0.043-percent stake in MTN Group can be attributed to renewed investor interest.
- West & Central Africa
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
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Ralph Mupita’s annual remuneration dropped significantly to $1.13 million in 2022, compared to the $1.4 million he received in 2021.