Pay cuts for MTN executives

Daniel Puchert

Journalist
Staff member
Joined
Mar 6, 2024
Messages
3,336
Reaction score
3,247
MTN South Africa CEO gets R26-million payday

MTN SA CEO Charles Molapisi’s single-figure remuneration has decreased by 2% to R26.3 million after the mobile network operator reported a 5.1% Ebitda decline in South Africa.

This is according to MTN’s integrated report for the 2024 financial year, which was released this week.
 
MTN South Africa CEO gets R26-million payday

MTN SA CEO Charles Molapisi’s single-figure remuneration has decreased by 2% to R26.3 million after the mobile network operator reported a 5.1% Ebitda decline in South Africa.

This is according to MTN’s integrated report for the 2024 financial year, which was released this week.
Sjoe...I hope he makes it through the year...poor bugger.
 
money-crying.gif
 
That's for the spam and increase on contracts mid-term you cvnts.
 
You can literally work 12 months as a CEO and then retire and live extremely well until old age.
 
They should perhaps start vetting their employees a bit more rigorously. MTN's now got a reputation as a den of thieves.
 
Top
Sign up to the MyBroadband newsletter
X