Stephen Blewett Named New Chairperson of the Ghana Chamber of Telecommunications
Accra, Ghana – August 28, 2025 – Stephen Blewett, CEO of MTN Ghana, has been elected as the new Chairperson of the Governing Council of the Ghana Chamber of Telecommunications for the 2025/2026 fiscal year. This marks a significant leadership transition, with the immediate past Chairperson, Patricia Obo-Nai, CEO of Telecel Ghana, stepping into the role of Vice-Chairperson.
The appointments were made at the 14th Annual General Meeting (AGM) of the Chamber earlier this month, where members reviewed the industry’s progress and challenges. Blewett’s one-year tenure as Chairperson will focus on steering the Chamber through a period of rapid digital transformation and regulatory evolution, with an emphasis on fostering collaboration among stakeholders to address pressing issues and drive sustainable growth.
The leadership renewal comes amid a host of challenges facing Ghana’s telecommunications sector, including theft of active infrastructure, vandalism at cell sites, destruction of fibre optic cables, high taxation, hike in fees and cybersecurity threats.
In his acceptance address at the AGM, Mr. Blewett thanked the outgoing Chairperson for the outstanding work done. He also highlighted the need for unified action to ensure the industry’s resilience. “The telecommunications sector is the backbone of Ghana’s digital economy, but the challenges we face demand collective ingenuity and partnership. We must bind together to surmount these obstacles and ensure sustained growth,” he stated.
As Chairperson, Mr. Blewett is expected to lead advocacy efforts in collaboration with the CEO of the Chamber, on key policy matters, enhance industry-government relations, and promote innovation in areas like digital inclusion and cybersecurity. His role will involve chairing bi-monthly Governing Council meetings, overseeing strategic initiatives, and representing the Chamber in national and international forums. With his extensive experience at MTN Ghana, Mr. Blewett is poised to drive initiatives that mitigate infrastructure vulnerabilities and support economic development.
Madame Patricia Obo-Nai, now Vice-Chairperson, expressed optimism about the new leadership. “It’s been a difficult time over the past couple of years due to severalchallenges, but we’ve stood strong. The times ahead require us to work collectively, and I’m confident Stephen’s vision will guide us forward,” she said.
The AGM also saw the adoption of the Chamber’s 2024 Financial Statement and authorization for the Governing Council to set auditor remuneration. The Governing Council, which serves as the Chamber’s board of directors, includes heads of member organizations and the CEO.
Source: Chamber News Desk
MTN Shakes Up Leadership: Ghanaians Selorm Adadevoh and Ebenezer Asante Take on Expanded Roles
In a significant overhaul of its executive team, MTN has announced a series of leadership changes effective November 1, 2025, with notable shifts for two prominent Ghanaians, Selorm Adadevoh and Ebenezer Asante, as the company refines its strategy beyond 2025. The moves come as MTN adjusts to evolving geopolitical, macroeconomic, and technological landscapes, aiming to strengthen its execution of priorities outlined in its “Ambition 2025” plan.
Selorm Adadevoh (formerly MTN Ghana CEO), currently MTN’s Chief Commercial Officer, is set to broaden his influence with the addition of strategy and transformation responsibilities. This expansion comes as Chika Ekeji, the current Chief Strategy and Transformation Officer, transitions to focus exclusively on emerging business opportunities. Mr. Adadevoh’s new role underscores his rising stature within the company, leveraging his extensive experience to steer MTN’s strategic direction and operational evolution.
Similarly, Ebenezer Asante (also a former MTN Ghana CEO), previously the Senior Vice President (SVP) of markets, is stepping into a more expansive leadership position as Vice President (VP) of Ghana, Southern, and East Africa. This promotion reflects his growing impact, shifting from a regional markets oversight role to a broader operational leadership position across multiple key markets, enhancing MTN’s regional strategy.
The reshuffle also sees other significant changes. Charles Molapisi, MTN South Africa CEO since 2022, will return to his former role as Group Chief Technology And Information Officer (CTIO), with Group Chief Risk Officer Ferdi Moolman stepping in as his replacement. Mazen Mroue, the current CTIO, will retain oversight of digital infrastructure while expanding his remit, while CFO Tsholofelo Molefe’s portfolio will now include mergers and acquisitions (M&A) activity.
Further adjustments include Yolanda Cuba, current VP for Southern and East Africa, becoming deputy CEO of MTN South Africa, and Ismail Jaroudi, VP Middle East and North Africa, taking on VP of special projects alongside his CEO role at MTN Dubai. Karl Toriola, MTN Nigeria CEO, will additionally oversee VP Francophone Africa.
MTN emphasized that these changes are designed to “streamline” its focus beyond 2025, building on three core platforms: connectivity, financial technology, and digital infrastructure. The company’s board review confirmed the relevance of its current Ambition 2025 objectives, with the leadership shakeup aimed at ensuring robust strategy execution in a dynamic global environment.
For Mr. Adadevoh and Mr. Asante, these promotions mark a pivotal moment, positioning them as central figures in MTN’s strategic and operational transformation across Africa and beyond.
MTN Ghana Expresses Condolences and Calls for Responsible Sharing.
MTN Ghana has received with deep sadness and shock the devastating news of a helicopter crash earlier today involving the Honourable Minister for Defence, the Honourable Minister for Environment, Science, Technology and Innovation and six other individuals.
We extend our heartfelt condolences to His Excellency the President of the Republic, the Government and the people of Ghana, and to the families, friends and colleagues of all those affected by this tragic incident.
MTN Ghana CEO Stephen Blewett also said, “We appeal to all to honour the memories of the departed with dignity and to use their social media platforms to promote messages of hope, solidarity, and compassion”.
May the souls of the departed rest in perfect peace.
Source: MTN Ghana ( Business Ghana)
MTN’s surge fuels GSE’s market rally
Ghana’s equity market continued its impressive run in the final week of July, driven by strong investor interest in heavyweight stocks, particularly MTN Ghana.
The benchmark GSE Composite Index (GSE-CI) surged 4.82 per cent to close at 6,994.45 points, its highest level this year, bringing the year-to-date (YTD) return to a robust 43.08 per cent.
The market’s bullish momentum was fuelled by renewed investor confidence in the banking and insurance sectors, with the GSE Financial Stock Index (GSE-FSI) rising 0.46 per cent to 3,428.15 points.
MTN Ghana, the telecom giant, was the star of the show, rallying 9.23 per cent to GH¢3.55 and accounting for the lion’s share of market activity.
This surge in MTN’s stock price is a reflection of the company’s strong financials and its dominant position in the Ghanaian telecom market.
Performance
The market’s overall performance was equally impressive, with the GSE Composite Index (GSE-CI) surging 4.82 per cent to close at 6,994.45 points, its highest level this year. This brings the year-to-date (YTD) return to a robust 43.08 per cent, outpacing other African markets.
The financial sector gauge, the GSE Financial Stock Index (GSE-FSI), also ticked higher, rising 0.46 per cent to 3,428.15 points, underscoring renewed investor confidence in the banking and insurance counters.
The market’s expansion was fuelled by heightened trading activity, with total volume traded increasing 71.15 per cent to 60.83 million shares and turnover jumping 96.66 per cent to GH¢275.42 million. This surge in trading activity is a sign of the market’s growing liquidity and investor appetite for Ghanaian stocks.
Market outlook
With a 43.08 per cent YTD gain, the stock market is likely to continue attracting investor interest, driven by the country’s economic growth prospects and the performance of its listed companies. However, investors should remain vigilant and monitor market trends to make informed investment decisions.
As the Ghanaian stock market continues to outperform its peers on the continent, it’s clear that the country’s economic fundamentals are strong and its financial markets are increasingly attractive to investors.
With its 43.08 per cent YTD gain, Ghana’s stock market is a compelling destination for investors seeking to capitalise on the country’s growth potential.
Source: Business News ( Graphic online)
Ghana partners with Google, Huawei to train youth
Member of Parliament and Deputy Minister for Communications and Digital Innovation, Hon. Sam George, has spotlighted significant gains made under President John Dramani Mahama’s administration in advancing Ghana’s digital agenda.
Speaking during his turn at the Government Accountability series, the lawmaker outlined the ministry’s strategic priorities and key achievements between January and July 2025.
He began by stating that the Ministry of Communications, Digital Technology and Innovation, under President Mahama, has sustained quarterly public briefings to ensure transparency.
“The ministry continues to drive Ghana’s digital transformation agenda with a focus on four key strategic priorities,” he said.
These priorities, he explained, include expanding affordable digital infrastructure, developing inclusive digital skills, strengthening regulatory and security frameworks, and enabling innovation and entrepreneurship.
Sam George also announced strategic partnerships with Google and Huawei, which will see each company train 100,000 beneficiaries under the program.
“These partnerships will see both Google and Huawei train 100,000 beneficiaries each under the One Million Coders Program. This represents a deliberate move to prepare students for the evolving demands of the digital technology economy under President John Mahama,” he noted.
Turning to internet affordability, he revealed that from July 1, 2025, Ghanaians began enjoying reduced data costs thanks to successful reforms.
“All major mobile network operators implemented revised mobile data tariffs, significantly increasing the volume of data at existing price points and effectively reducing the price of data,” he explained. He gave specific examples: “MTN increased all data bundles by 15%, while Telecel and AT added 10%.”
Source: Caro Aryee (mynewsgh)
MobileMoney Ltd CEO Shaibu Haruna named ‘CEO of the Year-Fintech’ at 4th Ghana CEO Awards.
The CEO of MobileMoney Limited, Shaibu Haruna, has been awarded the CEO of the Year – Fintech at the prestigious 4th Ghana CEO Vision and Awards, held at the Kempinski Hotel in Accra.
The award recognises Shaibu’s outstanding leadership, innovation, and transformative impact within the Fintech sector.
Under his leadership, MobileMoney Ltd has strengthened its position as a digital finance leader, accelerating financial inclusion and driving customer-focused innovation across Ghana.
Expressing his appreciation after receiving the award, Mr Haruna said, “This recognition is a testament to the incredible work of the MobileMoney Ltd team and the entire MTN Ghana team.
“We remain committed to delivering cutting-edge digital financial solutions that empower individuals, businesses, and communities across Ghana and beyond.”
He dedicated the Award to MoMo customers and the various stakeholder groups whose partnership, loyalty and commitment in using the MoMo platform have contributed to deepening financial inclusion in Ghana.
Shaibu Haruna is a seasoned executive with over two and a half decades of commercial experience in
His expertise spans Fast Moving Consumer Goods (FMCG), Automobile, Financial Services, E-Commerce, and Telecoms.
The past 18 years of his career has been in telecoms/digital services where he led channel and business transformation/turnaround in Ghana, Uganda, South Africa, and Saudi Arabia markets.
A greater part of his telecommunications career has been with MTN, where he spearheaded the highly rated distribution model for MTN in Ghana, which has since been replicated across the majority of MTN Group markets.
In 2022, Shaibu was appointed the Chief Executive Officer of MobileMoney LTD, a subsidiary of Scancom Plc (MTN Ghana) and market leader of digital financial services.
Since its launch in 2009, MobileMoney LTD has remained committed to driving financial inclusion and contributed significantly to shaping the future of digital payments and unlocking economic opportunities for its customers.
The Ghana CEO Vision and Awards is organised by Globe Productions Ltd to celebrate top-performing chief executives across more than 30 sectors to project their visionary leadership and measurable impact.
Source: Joy Business