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Meet Freedom Phuthuma The former chief executive and executive chairman of MTN Group

Phuthuma Nhieko is a well-known South African businessman who is one of the country's wealthiest CEOs.

He was a co-founder of Pembani Group Proprietary Limited and previously served as executive chairman of MTN Group.

The renowned businessman was born in Gauteng on 7 April 1960 and completed his 'O' Levels at St Marks High School in Swaziland in 1977.

He later earned a bachelor's degree in civil engineering from Ohio State University in 1983 and a finance MBA from Atlantic University in 1987.

Since July 2001, Phuthuma has served as executive chairman of MTN Group Ltd. He is also the founder and chairman of Pembani Remgro Infrastructure Managers (Pty) Ltd, AfriSam (South Africa) Pty Ltd, Pembani Group (Pty) Ltd, and MTN International (Pty) Ltd. Biography of Phuthuma Nhieko The following is a synopsis of Phuthuma Nhieko's biography: Additionally, Moses Tembe's age, children, and wife, as well as his response to the AKA interview.

Phuthuma Nhieko is her given name.

Birthdate: 7th April 1960 Kwathema, Springs, Gauteng, South Africa, birthplace Taurus is the zodiac sign.

70 years of age Business executive Nontokozo nee Sibiya Phuthuma Nhleko is married.

Nhleko married Nontokozo née Sibiya in August 1989.

Nontokozo, he says, is the one who had the most influence on his successful life.

Nonkululeko, Nosipho, and Fikile are the couple's three lovely girls, while Mpumelelo is the couple's son.

With a large family and a hard work, Phuthuma has maintained a healthy balance between his professional and personal lives by adhering to his ideals and remaining unstressed and optimistic at all times.

UGC Nhleko's net worth is believed to be approximately $120 million, placing him as South Africa's fourth richest person.

He owns a 2.49 percent stake in MTN's broad-based black economic empowerment scheme, MTN Zakhele, which began trading on the JSE in November 2015.

The Phuthuma Nhleko residence is valued at $162 million.

Additionally, Blade Nzimande's age, wife, educational background, contacts, and speech ALSO READ: Dan Lok's biography: his age, wife, businesses, and net worth Businesses Phuthuma is widely regarded and admired for elevating MTN to the status of a significant international mobile network provider.

The MTN Group recorded a $29 million revenue under Nhleko's leadership.

The corporation is Africa's largest holding company for GSM cellular networks, with approximately 6,000 employees.

MTN Direct increased its operations from five African countries to 21 in Africa and the Middle East during his 10 years as CEO.

MTN, which has a market valuation of $28.5 billion, operates in east, central, and western Africa and has recently expanded into Iran, Yemen, Syria, and Afghanistan.

Along with his leadership of the MTN Group, Phuthuma Nhleko served as chairman of the African Worldwide Investment Holding Company, which owns assets in the information technology and telecommunications industries.

Phuthuma Nhleko's fortune could skyrocket in the near future, as he stands to gain a stake in an asset that has the potential to generate $1 trillion from the recently announced Brulpadda gas field, located 275 kilometers south of Mossel Bay.

Additionally, Nhleko's company, Arostyle Investments, owns 51% of a company called Main Street, giving it approximately 5% of the gas exploration rights.

Content created and supplied by: Dailynews (via Opera News )

MTN Group Pembani Group Proprietary Phuthuma Phuthuma Nhieko Pty


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