Standard Bank says focus on the rest of Africa is paying off
The new chairman of state-owned Mozambique Telecom (Tmcel), Rafique Jusob, said during his inauguration on Tuesday that, within four years, he wanted to be heading the “the largest and best telecommunications company” in the country.
Rafique Jusob also set the goal of creating and offering services using state-of-the-art technology.
“We reiterate our commitment to transforming Tmcel into the biggest and best telecommunications company in the next four years, to fulfil the goals of the national development agenda and to safeguard the interests of the country, the company and the workers,” he said.
In June 2017, Jusob was appointed by the State Holdings Management Institute (IGEPE) to direct the merger of state-owned telecommunications operators Moçambique Celular (Mcel) and Telecomunicações de Moçambique (TDM). This Tuesday, he was confirmed at the helm of the company resulting from the operation.
At the ceremony on Tuesday, the administrator urged a new modernisation mentality upon the company, as well as the creation and provision of services using state-of-the-art technology.
He is accompanied on the board of directors by Mario Albino and Binda Jocker as heads of Administration and Finance and Operational areas respectively, they having also been closely involved in the merger process.
The three members with executive functions have a mandate of four years.
“During the merger process, we prepared a business plan that, with the appropriate adjustments, will culminate in the signing of the management agreement,” Ana Coanai, president of IGEPE, noted.
The merger of Mcel and TDM, announced in 2016, is part of the restructuring of Mozambique’s corporate public sector.
The International Monetary Fund (IMF) has pointed out the need for the Mozambican government to revise its portfolio of holdings in the context of measures to control the public deficit.Source: Lusa