MTN Group has formally listed the shares of subsidiary MTN Rwandacell on the Rwanda Stock Exchange, becoming the first mobile telecommunications operator to do so.
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MTN Group will list its Rwandan subsidiary on the Rwanda Stock Exchange on 4 May, the JSE-listed telecommunications giant said on Monday.
Uganda had a nationwide Internet blackout as citizens went to vote in presidential elections, according to NetBlocks, which tracks Internet disruptions globally.
MTN Group’s Rwanda unit is considering a share sale on the country’s stock exchange to help fund planned network upgrades.
MTN has reportedly agreed to settle a fine of $8.5m with the Rwandan government after negotiations over the fine broke down. The fine was imposed on the Rwandan subsidiary of the Johannesburg
A Rwandan regulator has imposed a fine equivalent to R112m on MTN, the JSE-listed telecommunications group said on Wednesday. The fine, a tiny fraction of the one imposed on its by