Audio By Carbonatix
MTN SA CEO Ahmad Farroukh has resigned, the MTN Group said on Monday.
He will leave the company at the end of July, less than a year into his job.
"This was a difficult decision to take for Ahmad, but unavoidable due to personal and family reasons," MTN Group president and CEO Sifiso Dabengwa said.
Mr Farroukh’s resignation comes during a protracted strike at MTN SA, the group’s second-largest network operator. Employees have been on strike since the end of May demanding better wages and bonuses.
Mr Farroukh joined MTN in 2006, with the acquisition of Investcom and has held several roles during his tenure with the group.
Business Times reported on Sunday that Mr Farroukh had announced his resignation plans at a meeting in June, but that his proposal had not been officially accepted.
The strike has affected some services at the company. However, MTN SA’s chief human resources officer, Themba Nyathi, told Business Day on Sunday that the company’s core network had remained operational and stable.
He admitted, however, that service and product channels had been harmed. Mr Nyathi also denied allegations that two major corporate clients had terminated, or were on the verge of terminating, their contracts with MTN as a result of service delivery disruptions caused by the strike.
Mr Nyathi said several strikers had returned to work in the past two weeks.
About 400 employees, mainly at call centres and warehouses, continued to stay away. The Communication Workers Union initially demanded a 16% guaranteed bonus and 10% wage increase, but president Clyde Mervin on Friday said that the union was willing to accept an 8% bonus, payable immediately rather than in two tranches, and that the 10% wage increase was negotiable.
Latest Stories
-
Algeria claim first-ever podium finish after penalty shootout win over hosts Morocco
1 hour -
NPP struggled even in traditional strongholds in 2024 – Annoh-Dompreh
1 hour -
NPP must elect strong parliamentary candidates to reclaim Greater Accra seats – Patrick Boamah
1 hour -
Abdul-Aziz Abdu-Rahaman elected NPP Upper West Regional Chairman
2 hours -
Iddrisu Sulemana edges Clifford Braimah to become NPP Savannah Regional Chairman
2 hours -
‘Arrogance of power’ is driving voters back to NPP in Ashanti Region – Paul Adom-Otchere
2 hours -
They demolish buildings and tell us they’re building 24-hour markets – Paul Adom-Otchere
2 hours -
NPP’s 2024 Bolgatanga Central Parliamentary Candidate elected Upper East Regional Chairman
2 hours -
Incumbent Northern NPP Chair wins as new faces break through in party executive elections
2 hours -
Former Health Minister Okoe Boye elected NPP Greater Accra Regional Chair
2 hours -
Joseph Kobinah Esibu elected NPP Central Regional Chairman
3 hours -
Fernandez booed by Chelsea fans as Alonso offers glimpse of blueprint
3 hours -
PSG sign World Cup winner Torres from Barcelona
3 hours -
Odeneho Kwaku Appiah beats former EPA boss Kokofu, to emerge NPP Ashanti chair
3 hours -
TDC defends statutory mandate, says its authority to develop Tema predates TMA
3 hours