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The view of our chairman
2017was a year of positive change forMTN.After a period ofmany challenges,
the group re-established itself as the premier provider of telecommunication
and digital services in Africa and the Middle East.
Early in the year, a strengthened senior management team assumed its roles
and responsibilities, bringing fresh energy and impetus to the company. Rob
Shuter and Ralph Mupita took up the positions of group president and chief
executive officer and of group chief financial officer respectively.
I am delighted that they proved themselves equal to the task, settled in quickly
and got on top of all the key issues and drivers pertinent to the group’s
prospects. They introduced a new strategy, BRIGHT, building on the IGNITE
business transformation initiative that was launched in late 2016 after a
thorough review of the group’s capital structure, operations, processes and
management capacity and designed to accelerate MTN’s commercial
performance.
BRIGHT extends the scope of IGNITE to other facets of the business and is
central to the group’s operational recovery and staff motivation. The IGNITE
team is now focused on executing all areas of BRIGHT. The group’s 2017
results, detailed throughout this integrated report, show that these initiatives
are beginning to bear fruit.
Transitioning
to a stronger
MTN
Phuthuma Nhleko,
chairman
28
MTN Group Limited
Integrated Report 2017