• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Two MTN Group Execs have resigned due to “personal reasons”

Emmanuel Abara Benson by Emmanuel Abara Benson
September 11, 2019
in Business News, Company News
MTN Group
Share on FacebookShare on TwitterShare on Linkedin

The Chief Executive Officers of MTN Group Limited’s Zambia and Cote d’Ivoire units are stepping down after citing “personal reasons”. This comes barely weeks after the latest wave of xenophobic attacks against African migrants rocked some parts of South Africa.  

What we know: A press statement issued, yesterday, by the telecoms company disclosed that Philip van Dalsen and Freddy Tchala (the current CEOs of MTN Zambia and MTN Cote d’Ivoire, respectively), will be leaving by the end of September. Dalsen, who has been with MTN Group for seven years after joining as the CEO of MTN Cyprus, will now be replaced by the current CEO of MTN Rwanda, Bart Hofker starting from October.  

[READ: MTN Nigeria’s Fredi Moolman reacts to xenophobic attack on Nigerians]

RelatedStories

MTN gains as SWOOTs capitalization close at N18.835 trillion.

MTN Group highlights over $10 billion investment in Nigeria, calls for deeper South Africa-Nigeria cooperation 

May 9, 2025
MTN Group increases dividend by 10%

MTN Group Limited increases dividend payout by 10%

March 13, 2023

Meanwhile, MTN Group has yet to announce a successor for Freddy Tchala who has had a 17-year experience with the telecoms company. Prior to becoming the CEO of MTN Cote d’Ivoire, he previously served as the CEO of MTN Guinea and MTN Congo Brazzaville. The telco said it “will make an announcement in due course regarding a successor for Tchala.” 

Is there a connection? CNBC Africa reached out to MTN Group’s spokeswoman, Karen Byamusigha, who was quoted as saying that the resignations were informed by “personal reasons”.

Even though there is no known connection between the two incidents, the resignations are coming roughly two weeks after some irate South Africans attacked some foreign nationals and foreign-owned businesses, asking them to “go back to their countries”. In response, there were reprisal attacks in countries like Zambia and Nigeria where top South African corporations have their subsidiaries.  

Throughout much of last week, companies like MTN asked their workers in Nigeria to stay home, as the authorities worked hard to qual further reprisal attacks. The CEO of MTN Nigeria Plc also spoke out repeatedly in condemnation of the xenophobic attacks in South Africa.  

[READ: MTN Nigeria discloses date for resumption after office shut down]

MTN Group Limited is a South African telecoms giant with operations across Africa. The Group has had its fair share of controversies and regulatory sanctions; especially in Nigeria. Yet, it always finds a way to dust off the issues whilst remaining ahead of its competitors.  


Follow us for Breaking News and Market Intelligence.
Tags: Freddy TchalaMTN Cote d’IvoireMTN Group LimitedMTN ZambiaPhilip van Dalsen
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

Related Posts

MTN gains as SWOOTs capitalization close at N18.835 trillion.
Sectors

MTN Group highlights over $10 billion investment in Nigeria, calls for deeper South Africa-Nigeria cooperation 

May 9, 2025
MTN Group increases dividend by 10%
Dividends

MTN Group Limited increases dividend payout by 10%

March 13, 2023
MTN
Corporate deals

MTN talks to buy South Africa’s Telkom said to have stalled

October 14, 2022
MTN
Appointments

MTN appoints Ralph Mupita as new Group CEO

August 19, 2020
IHS sets for the biggest African IPO in U.S
Business News

IHS set for biggest African IPO in U.S

February 26, 2020
MTN Group Limited, MTN Nigeria to raise N100 billion through commercial paper , Will October be a month not to remember for MTN Nigeria? , Why MTN is being dragged to court by families of American soldiers ,MTN Group Ltd is confident its FY 2019 earnings will rise by 50% 
Business News

MTN Group Ltd is confident its FY 2019 earnings will rise by 50% 

February 12, 2020
Next Post
Securities Exchange Commission

SEC to include blockchain, virtual financial assets in capital market 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • EFCC arraigns Medical Doctor over alleged N39.1 million Visa Fraud in Port Harcourt 
  • Dealing Houses worry over CBN forbearance directive, reveals why the timing is inappropriate
  • Africa Re to celebrate retirement Of DMD/COO, Mr. Ken Aghoghovbia

Follow us on social media:

Recent News

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC arraigns Medical Doctor over alleged N39.1 million Visa Fraud in Port Harcourt 

June 20, 2025
Dealing Houses worry over CBN forbearance directive, reveals why the timing is inappropriate

Dealing Houses worry over CBN forbearance directive, reveals why the timing is inappropriate

June 19, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics