Salaries of top MTN bosses in Africa revealed

MTN published its 2017 annual report for 2017

MTN CEO Rob Shuter earned almost $400,000 in his first 10 months on the job according to the company’s 2017 annual report.

The company initiated a new management team in a difficult year which saw them blighted by efforts to pay off their record fine in Nigeria.

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The report, published on Thursday, reveals that MTN’s new group CEO, Rob Shuter, took home R40.5m ($338,000) in salary, bonuses and other benefits and was given share incentive grants worth another R40.9m. These grants will mature in March 2020.

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