Africa's largest mobile operator MTN said on Friday it has not been able to verify allegations levied against CEO Ralph Mupita of alleged favouritism.
Mupita has the full support of the board, it said in a statement. The company considers the matter now closed.
The Sunday Times reported earlier this month that an unspecified number of executives threatened to quit after complaining about Mupita allegedly giving preferential treatment to a female executive.
The newspaper cited people it didn't identify, with Bloomberg reporting on Thursday that most executives were backing him.
MTN said on Friday it held a special meeting on 4 September to deliberate on a report by an independent law firm, assisted by counsel, which found that there was no evidence of improper conduct as "attempts to engage with the complainant were unsuccessful".
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