Tensions are heating up at MTN as executives clash with group CEO Ralph Mupita over the direction of the company.
Amid accusations of favouritism and a lack of accountability, several executives are threatening to resign in protest against his leadership style.
According to a report, Mupita tried to transfer some functions that fall under MTN SA CEO Charles Molapisi to the unnamed female executive.
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Concerns over Mupita’s relationship with the female executive were reportedly the subject of an anonymous whistleblower complaint and discussed at a group board meeting earlier this year.
The complaint also stated that a culture of fear permeates the company.
The report said four big investors had started to work together to remove Mupita as group CEO because of the value destruction at the company.
[Sunday Times as cited in https://technext24.com/2024/09/02/mtn-leadership-crisis-deepens/?iframe=undefined]
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