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South Africa govt concerned about MTN fine in Nigeria

Freedom Reporter by Freedom Reporter
November 5, 2015
in Breaking News, Business, IT, News
0
MTN cancels $300m stake sale in Mascom Wireless Botswana

MTN

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South Africa has expressed concern over a N1.04 trillion ($5.2 billion) imposed by Nigeria on MTN Group.
However, the country said it would not affect the cordial relations between the continent’s two biggest economies, a cabinet minister said on Thursday.
South African Minister in the Presidency, Jeff Radebe, told reporters “obviously as government we are concerned’’ and said the cabinet hoped that the talks between MTN and Nigerian authorities on the fine would bear fruit.

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