Browsing: Ralph Mupita

Digital Economy
  • Africa only accounts for one per cent of the global digital economy. The US, China, and Asia hold dominant positions at 68 per cent, 22 per cent, and 27 per cent respectively.
  • Ralph Mupita, President and CEO of MTN cites untapped opportunities in Nigeria’s digital economy, tipping that its potential will double by 2050 to $145 billion.
  • Businesses must adapt to Africa’s evolving digital economy and embrace key trends to seize the vast opportunities in the continent.

There is a substantial gap between the digital economy of developed and developing countries in Africa. At the moment, Africa makes up one per cent of the global digital economy, while the US, China, and Asia occupy the top three spots with 68 per cent, 22 per cent, and 27 per cent of the total. This demonstrates how crucial it is for Africa to close the digital divide and capitalize on its growth …

MTN Group appoints new CEO

MTN Group appoints Chief Financial Officer of MTN Group Ralph Mupita as the new CEO to take over from Rob Shuter as president and CEO who will take over on September 1.

“After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph’s calibre, experience and ability to fill the group president and CEO position. Ralph’s experience as the group CFO, strong knowledge of our businesses and markets, as well as successful background in financial services, M&A and emerging markets, place him in an excellent position to lead the growth and sustainability of the business going forward,” said MTN Group chairman Jonas Mcebisi.

Since April 2017, Mupita has served as the MTN Group CFO and has played a critical role in the development and execution of the group’s strategy, financial performance, capital allocation processes as well as in the resolution of a number of complex …