Mcebisi Jonas joins MTN board

Cape Town - MTN Group announced on Monday that former deputy finance minister Mcebisi Jonas and businesswoman Bajabulile Swazi Tshabalala have joined its board as independent non-executive directors.

Jonas, 58, who holds a Bachelor of Arts in History & Sociology from Vista University and a Higher Diploma in Education from Rhodes University, served as deputy finance minister for nearly three years, before he was fired by former president Jacob Zuma together with former finance minister Pravin Gordhan during a midnight cabinet reshuffle in 2017. 

Jonas is an outspoken anti-corruption proponent and has fiercely spoken out against state capture.

He is currently one of four independent Presidential Investment Envoys, appointed by President Cyril Ramaphosa to attract investors to South Africa.

Jonas is also the former chairperson and non-executive director of the Public Investment Corporation.

Tshabalala, 52, holds a Masters in Business Administration from Babcock School of Management, Wake Forest University. She was also part of the Oxford Fintech Programme.

According to the MTN statement she has over 20 years professional experience in finance, risk management, treasury and general management.

Her experience is gained over a diverse range of institutions, in state-owned companies and the private sector, and a diversity of sectors, including transportation and logistics, infrastructure and financial services.

She has extensive transaction experience in various African countries and globally.

Tshabalala is currently a non-executive director of JSE listed FMCG group Tiger Brands and national carrier South African Airways.

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