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MTN CEO Calls for Stable Policies to Boost Africa's Investment

Business
MTN CEO Calls for Stable Policies to Boost Africa's Investment

Ralph Mupita, President and Chief Executive Officer of MTN Group, called for African governments to adopt stable and predictable policy and regulatory frameworks to enhance investment and unlock the continent's economic potential. Speaking at the Kgalema Motlanthe Foundation Winter Seminar, he stated that Africa's future prosperity relies on expanding economic opportunities and strengthening regional integration rather than migration.

Mupita highlighted that businesses are more inclined to invest where policies are clear and consistent. He noted that migration should be viewed as a result of uneven economic development and emphasized the need for investments in skills development, infrastructure, and strong institutions.

Mupita remarked that digital infrastructure is crucial for economic participation. He affirmed MTN's commitment to supporting initiatives that foster evidence-based discussions on Africa's future, stating that the company's prosperity is tied to Africa's overall success.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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