Kampala, Uganda | THE INDEPENDENT | Officials from the National Environment Management Authority (NEMA) and the Kampala Capital City Authority (KCCA) said in less than two weeks, the enforcement of an express penalty scheme will kick off. This according to the officials will help to reduce environmental degradation and create a …
Read More »Google still under fire over EU anti-trust violations
Brussels, Belgium | AFP | Rivals to Google urged the EU on Wednesday to keep up its fight against the search engine giant, saying proposals by the firm to avoid more EU mega-fines fell short. EU Competition Commissioner Margarethe Vestager in June slapped Google with a record 2.4-billion-euro (more than $2.7 …
Read More »Google hit with record 2.4 bn euro EU fine
Brussels, Belgium | AFP | The EU hit Google with a record 2.4-billion-euro fine Tuesday for illegally favouring its shopping service in search results, in a fresh assault on US firms that risks the wrath of President Donald Trump. Hard-charging European Commission competition chief Margrethe Vestager said the tech giant …
Read More »MTN pays $98 million, part of fine for failing to disconnect unregistered SIMs
MTN pays $98 million part of Nigerian fine: officials Lagos, Nigeria | AFP | South African telecoms giant MTN has paid nearly $100 million of a $1.7 billion fine for failing to disconnect unregistered SIM cards in Nigeria, officials said on Friday. “MTN has paid 30 billion naira ($98 million, 92 …
Read More »New York fines Chinese bank $215 mn for money laundering violations
New York, United States | AFP | New York’s state bank regulator fined the giant Agricultural Bank of China $215 million on Friday for violating anti-money laundering laws and obscuring suspicious transactions involving Russia, China, Afghanistan and other countries. Citing a deliberate failure to scrutinize dubious money transfers, the Department …
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