MTN in hot water

File image

File image

Published Jul 13, 2017

Share

Johannesburg - Africa's cellular giant, MTN, confirmed it was in talks with the Rwandan authorities on how it would pay the R111 million fine for non-compliance. 

On Tuesday, MTN confirmed that it had accepted the decision of the Rwanda Utilities Regulatory Authority to impose a fine of $8.5 million for non-compliance relating to MTN Rwanda’s involvement in the MTN IT Shared Services Hub based in Uganda. 

“We have taken the necessary steps to address the regulator’s non-compliance concerns of the year 2014. We are currently in discussions with the regulator to agree on the terms of settling the fine,” said MTN Rwanda chief executive, Bart Hofker. 

Read also:   Ask Georgie: MTN exposed as 'uncaring' 

MTN landed itself in hot water for failing to comply with a directive precluding it from including its operation in that country into the IT hub it runs in Uganda. The company was fined $5.2 billion in Nigeria for failing to disconnect unregistered SIM- cards. 

BUSINESS REPORT ONLINE 

Related Topics: