Results 1 to 2 of 2

Thread: Telephone Numbers

  1. #1
    Silver Member Graeme's Avatar
    Join Date
    Sep 2006
    Posts
    253
    Thanks
    73
    Thanked 19 Times in 18 Posts

    Telephone Numbers

    MTN executives have just another two years to go before they can rejoice in a multi-billion payout in terms of the scheme whereby MTM employees bought Transnet’s 18% stake in the mobile operator in 2003.

    Those of you who are excited by large numbers may care to know that according to MTM’s annual report, MTM shares worth R1 500 000 000 (yes R1,5 billion) will accrue to CEO Phutuma Nhleko. Fellow directors Irene Charnley, Rob Nisbet and Sifiso Dabengwa each get just over R1 000 000 000, and Santie Botha (because she arrived late on the scene) gets around R220 000 000.

    Source Finweek. Jawellnofine.
    Last edited by Graeme; 15-Mar-07 at 07:37 PM. Reason: More impact

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,980
    Thanks
    3,055
    Thanked 2,463 Times in 2,068 Posts
    Blog Entries
    12
    Eish! That's nice.

    If it's a division of the pool, the members of this club must be eyeing each other out rather nervously.
    The trouble with opportunity is it normally comes dressed up as work.

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •