September 2015
In May, international business magazine, Forbes – ‘the capitalist tool’, released its annual list of the world’s 2,000 biggest publicly-traded companies and this year 13 South African companies made the cut.
Among the front runners, and part of the top 500, was the MTN Group. The company has been on quite the journey since its inception in 1994. According to Forbes, the MTN Group registered sales of US$13.5 billion and profits of US$3 billion with a market value of US$34.5 billion. But it hasn’t been all plain sailing; just last month there were widespread negativity following a seven-week strike that came at a time when competition in the domestic market was particularly tough.
Fortunately, the strike is now over and many have praised new CEO of MTN SA, Mteto Nyati, for his role in ending the disputes. In this edition we talk exclusively to Nyati and hear about his plans to deliver more growth and more services to the not just South Africa but the whole continent.
He has his sights firmly set on the top spot in the industry and his drive and determination will be nothing but an asset for MTN. “We need to aspire for better things as a company” he tells us “and one of those things is to become the best mobile operator within the African continent, and there is absolutely nothing to stop us achieving this” – we love this sort of ambition!
If you are an MTN customer or employee, get in touch with us and tell us what you think of the new CEO and his plans for the future – we always love to hear from our readers!