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    NIB MD laments cost of borrowing for private sector

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

    E-Levy is an overhyped revenue generation measure – Seth Terkper

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

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    Citi Business Festival enters final week; forum on agribusiness comes off today

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    NIB MD laments cost of borrowing for private sector

    Kwahu Summit to focus on Africa’s economic transformation under AfCFTA – APN

    World Trade Centre Accra Accra announces partnership with Altkom Akademia to offer professional education in Africa

    Ghana has the 4th cheapest average cost of internet in Africa – Statista

    Africa’s internet economy to cross $180 billion by 2025: Report

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

    E-Levy is an overhyped revenue generation measure – Seth Terkper

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

    African Finance Ministers tasked to allocate more resources into education sector

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    NIB MD laments cost of borrowing for private sector

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

    E-Levy is an overhyped revenue generation measure – Seth Terkper

    Leverage crises to improve fortunes of continent – Ofosu-Dorte

    Unilever Ghana PLC remains upbeat about future growth prospects

    Citi Business Festival enters final week; forum on agribusiness comes off today

    BoG must enforce regulations on informal forex trading – Prof. Quartey

    DBG will mirror KfW’s successful banking model to benefit SMEs

    Cedi Summit comes off today at Alisa Hotel

  • TECHNOLOGY

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

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J.A. Kufuor named on MTN’s International Advisory Board

bycitibusinessnews
May 3, 2019
in Africa, Business, TECHNOLOGY
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Former President John Agyekum Kufuor has been named on MTN’s International Advisory Board (IAB) alongside former South African President Thabo Mbeki.

A statement issued by the telecoms company said the advisory board is a new creation with a goal to guide and support MTN in fulfilling its vision of increasing its footprint across the continent.

The board will be non-statutory in nature and will not have any fiduciary responsibility, but MTN said it will play a highly valued role in ensuring the board is guided to achieve its goals.

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MTN said that the IAB will be chaired by former President Thabo Mbeki and will include the following members:

  • John Kufuor, former President of Ghana
  • Dr. Aisha Abdullahi, former African Union Commissioner for Political Affairs
  • Dr. Mohammed ElBaradei, former Director General of the International Atomic Energy Agency
  • Dr. Momar Nguer, President of Marketing & Services Total S.A. (France)
  • Phuthuma Nhleko, Chairman of MTN Group

The board is expected to commence operations on 1 July 2019.

Leadership change

MTN also announced that its group chairman, Phuthuma Nhleko, will step down on 15 December 2019 and will be succeeded by former South African deputy finance minister Mcebisi Jonas.

The company added that Dr. Khotso Mokhele will assume the position of lead independent director with effect from 15 December 2019.

Alan Harper, Jeff Van Rooyen, and Koosum Kaylan will all step down from the Board on this date, after handing over to incoming directors.

“We are pleased to welcome onto the Board Lamido Sanusi and Vincent Rague with effect from 1 July 2019,” MTN added.

Before stepping down as chairman, Phuthuma Nhleko will oversee the establishment of an International Advisory Board (AIB) comprising “persons of considerable and wide-ranging experience”.

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