[ICYMI] Mobile network operator MTN Group has, for the first time, achieved a Level 1 Broad-Based Economic Empowerment (B-BBEE) contributor status. The rating is for its financial year (ended December 31, 2021). Moneyweb MTN
Mobile network operator MTN Group has, for the first time, achieved a Level 1 Broad-Based Economic Empowerment contributor status. The rating is for its financial year , and an improvement on its 2020 Level 2 contributor status. Its major subsidiary MTN South Africa has meanwhile maintained its Level 1 contributor status for the third year running.
5-point increase in its management control score, as a result of achieving its economically active population targets and the increased appointment of women on its board of directors. Its board of 14 directors comprises nine men and five women. The current board saw its first appointment of a female director, in independent non-executive director Swazi Tshabalala, in June 2018. Tshabalala was joined by independent non-executive director Sindi Mabaso-Koyana in 2020.
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