Author Patrick Cairns


How MTN got into so much trouble in Nigeria

On Monday, the market learnt that the Nigerian Communications Commission (NCC) had hit MTN with a fine of1,04 trillion naira for failing to deactivate unregistered Sim cards by a regulatory deadline. The fine, which equates to more than R70bn, is more than twice the entire group’s

Editor's pick

‘Everyone loves Naspers’

Earlier this week, a senior portfolio manager at a London asset manager sent out a note detailing a recent trip he had taken to the US. The purpose of the visit was to meet with some of the top fund managers there to discuss managing assets for clients