Phuthuma Nhleko will stay on as interim executive chairman of MTN until he has resolved the dispute with Nigerian authorities over a record US$3,9bn fine imposed on the telecommunications group’s Nigerian
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A former councillor at the Independent Communications Authority of South Africa has lashed out at South Africa’s Sim card registration legislation, Rica, saying it has severely impacted ordinary
After the publication of its annual report this week, the headlines focused on former chief executive Sifiso Dabengwa’s R23,7m “golden handshake” following his resignation in November amid the MTN Nigeria fine fallout. We also learnt that chairman
MTN has reportedly come under fire from the Public Investment Corp (PIC) for giving its former CEO, Sifiso Dabengwa, a R23,7m golden handshake. Dabengwa resigned suddenly in November after the group’s Nigerian operation was fined US$5,2bn
Former MTN CEO Sifiso Dabengwa was given a R23,7m golden handshake after resigning from the telecommunications group last year. Dabengwa resigned from the company on 9 November 2015, just months after
Nigeria and South Africa have again served to put pressure on MTN’s subscriber numbers, with group customers declining by 1,4% quarter on quarter for the three-month period ended 31
MTN on Thursday advised shareholders not to make decisions based on press reports after the telecommunications group’s shares were knocked down by more than 10% on speculation that its fine in Nigeria could be hiked to R240bn. The shares were also knocked
Nigeria’s telecommunications regulator has lifted its suspension of services to MTN, the mobile network said on Tuesday. The Nigerian Communications Commission (NCC) suspended regulatory services to MTN last year
MTN on Friday warned shareholders that reports that it has proposed to pay 300bn naira (about US$1,5bn; R23bn) to settle the fine imposed on it by the Nigerian Communications Commission
Telecommunications group MTN has rubbished reports that it plans to list in Nigeria, saying that it is only considering a listing of its subsidiary, MTN Nigeria. The JSE-listed group said in a