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