There can’t be many people who would become finance director of MTN in search of a quieter life There can’t be many people who would become finance director of MTN in search of a quieter life. It’s not exactly like going to Sardinia to pick grapes. Who knows what the cellphone colossus will face next, following its huge Nigerian fine?Yet Ralph Mupita hopes it will be a walk in the park compared with running Old Mutual Emerging Markets (Omem). Old Mutual group CEO Bruce Hemphill is pushing the troops hard; after all, he has a £10m bonus on the line. I suspect Mupita wasn’t given such a tempting prize. And he must have decided that he would get more money at MTN for doing less work. MTN is a far simpler business than Old Mutual, after all — just maintaining a few masts and selling handsets and airtime. And as he is not an accountant, presumably he will have to leave all those pesky profit-and-loss calculations to someone else.I don’t envy the time Mupita will have to spend cringing th...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.