|
WHO WE ARE |
2 |
|
All about MTN |
4 |
|
Where we operate and how we performed |
6 |
|
Our operating context |
8 |
|
Our material issues |
10 |
|
HOW WE CREATE VALUE |
12 |
|
How we create value using the six capitals |
12 |
|
Human capital |
14 |
|
Manufactured capital |
15 |
|
Financial capital |
16 |
|
Intellectual capital |
17 |
|
Natural capital |
18 |
|
Social and relationship capital |
19 |
|
Relationships on which we rely to create value |
22 |
|
Our key stakeholder themes |
23 |
|
STRATEGIC OVERVIEW |
24 |
|
Our executive chairman's report |
24 |
|
Our investment case |
30 |
|
Our strategic performance in 2016 |
32 |
|
Our approach to risk |
34 |
|
Our top risks |
36 |
|
Mitigating our top risks |
38 |
|
PERFORMANCE DETAILS |
42 |
|
Financial review |
43 |
|
Reconciliation of pro forma financial information |
46 |
|
Operational reviews |
49 |
|
South and East Africa |
49 |
|
West and Central Africa |
51 |
|
Middle East and North Africa and MTN Irancell |
54 |
|
GOVERNANCE, PEOPLE AND REMUNERATION |
57 |
|
How we are governed to create value |
57 |
|
Who is responsible |
64 |
|
Our board of directors |
64 |
|
Our executive committee |
66 |
|
Management on the ground |
68 |
|
Our people and their remuneration |
70 |
|
Our people |
70 |
|
Remuneration report |
72 |
|
ADDITIONAL INFORMATION |
90 |
|
Glossary of terms |
90 |
|
Non-financial data for which limited assurance was obtained |
92 |
|
Stock exchange performance |
93 |
|
Shareholders' diary |
93 |
|
Forward looking information |
93 |
|
Administration |
94 |


