Mcebisi Jonas appointed to the MTN board

Former deputy finance minister Mcebisi Jonas, who was controversially fired from the position by former president Jacob Zuma, will join MTN Group as a nonexecutive director on June 1, the mobile telecommunications provider said yesterday.

Jonas, 58, was deputy finance minister between 2014 and 2017.

A former chairperson and non- executive director of the Public Investment Corporation, Jonas has also served as provincial minister of finance in the Eastern Cape, where he was also economic development, environmental affairs and tourism minister. He is currently one of four independent “presidential investment envoys”, appointed by Ramaphosa to attract investment.

At the same time, MTN Group has appointed Swazi Tshabalala as a nonexecutive director, also from June 1.

Tshabalala, who has an MBA and was part of the Oxford Fintech Programme, has 20 years of experience in finance, risk management, treasury and general management.

She has worked in state-owned enterprises and the private sector, and a diversity of sectors, including transport, logistics and infrastructure. She is currently a nonexecutive director of Tiger Brands and South African Airways. Until recently, she was a nonexecutive director of Standard Bank and the Council for Scientific and Industrial Research. – TechCentral