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Big shots at MTN bow out

MTN-House-Pix

At least three executive positions at MTN Ghana have been left vacant following the exit of two executives and the promotion of one. The positions that are vacant are that of the Chief Executive Officer, Corporate Services Executive as well as the Chief Marketing Officer. The positions were previously occupied by Mr. Ebenezer Asante, Madam Cynthia Lumor and Mr. Asha ...

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Make information accessible to reduce corruption–Chinedu Echeruo

Host of Citi Breakfast Show, Bernard Avle, with Chinedu Echeruo

Global Tech Entrepreneur and Founder of HopStop, Chinedu Echeruo has stated that African governments can be more efficient and reduce corruption if accessing information is made easier. According to him, the practice where only a few privileged people have access to information, while the majority do not, creates a system that fuels corrupt acts. Speaking at the 22nd MTN Business ...

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Vodafone Ghana launches ‘PayDay’

Vodafone Ghana PayDay picture story (4)

Vodafone Ghana has launched a new promotion, dubbed “Vodafone PayDay” as part of activities to celebrate ten years of its operations in Ghana. Vodafone PayDay promotes a new lifestyle in usage on the network. The promotion just requires customers to conduct their normal activity on the network- by texting, calling, browsing, SMS, recharging and get cash rewards for it. At ...

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African govts must encourage use of mobile phones—MD of HMD

HMD-crop

Manufacturers of Nokia Mobile Phones, HMD is urging government to create an environment that will open the economy up for the use of mobile phones to drive digital financial inclusion. According to the company, the telecommunication space has evolved such that mobile phones now serve as an opportunity for people to create mobile money account to drive the financial inclusion ...

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Airtel Tigo joins calls for 5G network in Ghana

5G

The Chief Executive Officer of Airtel Tigo, Roshi Motman has called on the National Communications Authority (NCA) to work towards the acquisition of a 5G Spectrum in the country to reflect the evolving communication space in the world. According to her, the NCA has not been clear on its policy direction towards improved internet coverage in the country. Madam Motman ...

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Airtel Tigo integrates money transfer platforms

airtel and tigo

Customers of Airtel Money and Tigo Cash will by the end of April 2018, be integrated onto a single platform to allow for mobile money transactions. This is according to the CEO of Airtel Tigo, Roshi Motman. The move which will make them the second biggest mobile money operator in the country also forms part of the integration of the ...

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MTN’s $787m IPO to boost local investment market

Group Vice President for Southern and East Africa and Ghana, Ebenezer Asante

Investment analysts are hopeful of a boost in investments on the stock market with MTN’s 787 million dollars Initial Public Offer (IPO). In their view, the telecom company’s presence should attract more investors and grow the access to funds. The comments follow MTN’s announcement of reviewing upwards, its target for the IPO. The telecom operator has reviewed its target for ...

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MTN raises IPO target to $787m

mtn_-_flickr_1

MTN has lifted its target for an upcoming initial public offering(IPO) by more than a half to 3.48 billion cedis ($787 million), according Bloomberg. Africa’s biggest mobile-phone company by subscribers is preparing to list a 35 percent stake in its Ghanaian business on the local stock exchange, valuing the unit at about $2.2 billion. While the bourse estimated the value ...

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Consumer Rights Day: Telecom users to ditch poor service providers

telcos

March 15th of every year is celebrated as World Consumer Rights Day. The occasion is to demand that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices which undermine those rights. As part of this year’s celebrations, Citi Business News has been finding out the level of satisfaction among consumers within the telecom industry and how ...

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MTN CEO predicts more mergers among smaller telcos

Group Vice President for Southern and East Africa and Ghana, Ebenezer Asante

The Vice President of Southern and East Africa for MTN, and Chief Executive Officer of MTN Ghana, Ebenezer Asante is predicting more mergers among smaller telcos in the country. According to him, the telecom industry in Ghana is too small for the current number of telcos in the country. Reacting to a question on the Airtel Tigo merger at press ...

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