• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MTN Group Board Concludes Investigation into CEO Ralph Mupita, Finds No Misconduct

user avatar

by Giorgi Kostiuk

a year ago


  1. Investigation and Result
  2. Background to MTN's Leadership Crisis
  3. Letter from Ralph Mupita to Employees

  4. The board of directors of African telecommunications giant, MTN Group, has announced the conclusion of their investigation into CEO Ralph Mupita, finding no evidence of misconduct.

    Investigation and Result

    MTN Group's board has concluded its review of allegations against CEO Ralph Mupita, finding no evidence of improper conduct. The investigation began following claims of favoritism towards a female executive. After an independent law firm completed the review, the board expressed full support for Mupita and the company’s strategy.

    Background to MTN's Leadership Crisis

    At the start of the week, the Sunday Times reported that tensions at MTN Group's headquarters were rising due to allegations of favoritism and a lack of accountability by Mupita. Several executives threatened to resign in protest. It was reported that Mupita attempted to reassign functions under the purview of MTN South Africa's CEO to a female executive. The whistleblower's complaint also noted that a culture of fear existed within the company, leading to discussions at a board meeting earlier this year.

    Letter from Ralph Mupita to Employees

    Earlier this week, Ralph Mupita sent a letter to employees assuring them that MTN has governance processes in place to address employee matters, including those concerning senior leadership. He explained that the board is addressing these issues through the necessary processes.

    The board's conclusion should provide clarity on Ralph Mupita's leadership, resolve the leadership crisis, and restore investor confidence in the company.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Concerns Over Quantum Computing's Impact on Bitcoin Selling Pressure

chest

Concerns regarding quantum computing's potential impact on Bitcoin selling pressure were discussed by Jeff Park, highlighting the possibility of reduced selling pressure from long-term holders and increased buying pressure.

user avatarEmily Carter

ProCap's Jeff Park Identifies Sovereign Adoption as Key Catalyst for Bitcoin Surge

chest

Jeff Park, chief investment officer at ProCap, highlights sovereign adoption as a potential catalyst for a significant increase in Bitcoin's price.

user avatarFilippo Romano

Cryptocurrency Markets Remain Stable After Greene's Resignation

chest

Following Marjorie Taylor Greene's resignation announcement, no immediate impact has been observed on cryptocurrency assets like ETH and BTC.

user avatarKaterina Papadopoulou

Marjorie Taylor Greene Announces Resignation from Congress

chest

Republican Congresswoman Marjorie Taylor Greene has announced her resignation from Congress, effective January 5, 2026, due to disagreements with President Trump over his second-term agenda.

user avatarTomas Novak

Spotify Launches $100 Million Creator Fund for Indie Artists

chest

Spotify announces a $100 million creator fund to support independent artists and podcasters, focusing on monetization and audience growth.

user avatarLeo van der Veen

VIB Leverages AI-Driven Analytics for Artist Growth

chest

Independent musician VIB is utilizing AI-driven analytics and new monetization tools in 2025 to enhance audience engagement and artist growth.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.