In an announcement that likely surprised many in the Information and Communications Technology industry across Afrika, Mteto Nyati resigned as CEO of MTN South Africa and will be the new CEO of South Africa's Altron.
Nyati has been CEO of MTN South Afor a year and a half since 2015. Before that he was the Group Enterprise Officer at MTN's subsidiary, MTN Business.
It didn't take long for MTN to name a replacement for Nyati, as a few hours after Nyati's resignation was made public on 7 March 2017, the company announced that Godfrey Motsa will be the new MTN South Africa CEO.
Motsa is not new to the MTN fold as preceding this announcement he was Vice President for Southern and East Africa at MTN Group. Motsa has extensive experience in the telecommunications industry as before joining MTN he served in various senior roles at Vodacom Lesotho and DRC to name a few.
The timing of the changes at MTN South Africa is rather curious as it comes barely a week after the Group results were released with the company suffering its first loss in twenty years.