They said it ... in the news
NEWS BRIEFS
They said it ... in the news
MTN ’ S LATEST TURNAROUND STRATEGY INVOLVES POACHING TOP EXECUTIVES
Africa ’ s largest telecom is appointing a new CEO , and shaking up its board and top executives . After settling a record fine in Nigeria for failing to disconnect unregistered sim cards , South Africa-headquartered company MTN recruited Rob Shuter from rival Vodafone , the company announced on June 20 . Shuter joins MTN after a stint as CEO of Vodafone ’ s Europe Cluster .
According to his LinkedIn profile , Shuter ’ s telecoms career began in 2009 as CFO for Vodacom , South Africa ’ s largest mobile network . A South African national , he is expected to take up his new position as CEO and president by July 1 , 2017 .
-africanbusinesscentral . com
“ Always go into a business that you are passionate about , be patient and seek advice from people who have been doing that particular business for a long time .”
-Aragenes Rwabigwi , also known as Papa Guinness , the owner of the Papa Gunness string of bars that straddle Kigali
City suburbs .
“ We are a fairly successful organisation . That has been the case for a while . But one of the things that has been happening in the media is that the channels through which consumers are taking up our product are changing . So , we are trying to ensure that we have a strategy that will deliver to those consumers .”
-Nation Media Group chief executive officer Joseph Muganda on the closure of KFM and other stations .
Uber Africa to diversify beyond car rides with UberEverything
Uber Africa to diversify beyond car rides with UberEverything Having nearly perfected the business of moving people around on the continent , Uber is set to diversify the core of its business in sub-Saharan Africa with the introduction of UberEverything .
UberEverything is the division of the company with ambitious plans to plug its existing drivers network into the on-demand economy and provide services such as product and food delivery and courier services .
“ The first market will probably be South Africa and we are pushing to make that happen before the end of the year ,” said Alon Lits , Uber ’ s general manager for sub-Saharan Africa .
‘ Everything ’ is Uber ’ s strategy to build on its logistics infrastructure in the cities it operates . Once the company is at scale in a city with ride passengers it can develop other services such as Uber- Rush , a personal courier service or food delivery with UberEats ,( available in San Francisco , Los Angeles , Chicago and New York ) .
“ Everything we ’ re building is on top of a platform that already exists ,” Jason Droege , head of the UberEverything division , told the Los Angeles Times in June .
-africanbusinesscentral . com
08 - CHIEF EXECUTIVE