South Africa's MTN bets on mobile banking with new CEO
June 23, 2016 at 08:44 AM EDT
JOHANNESBURG, June 23 (Reuters) - MTN's new chief executive Rob Shuter has been brought in to boost profits at Africa's biggest mobile phone group after a $1.7 billion fine in Nigeria, by persuading its 200 million clients to use their handsets to store money and pay bills.
