South Africa News: MTN Group Names Ralph Mupita as CEO Amid Revamp

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MTN Group Ltd. appointed Chief Financial Officer Ralph Mupita as chief executive officer, sticking with an internal candidate amid a restructuring of the operations of Africa’s biggest wireless carrier.

Mupita will take over the role from Sept. 1, when Rob Shuter steps down, Johannesburg-based MTN said in a statement on Wednesday. Shuter will remain available until the end of his fixed-term contract in July to support Mupita’s shift…

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