More investors back MTN’s call for governance reforms at IHS

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More investors back MTN’s call for governance reforms at IHS
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Old Mutual fund and Ninety One are among shareholders that back these proposals

Investors holding about two-thirds of tower company IHS’s equity are in support of a plan to change its governance structure as tensions between the Nigerian operator and its shareholders continue to sour.

Business Day understands shareholders also believe there should be a separation of the role of chair and CEO, both held by business person Sam Darwish...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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