MTN has reportedly agreed to settle a fine of US$8.5m (about R114m) with the Rwandan government after negotiations over the fine broke down. The fine was imposed on the Rwandan subsidiary of the Johannesburg-headquartered and JSE-listed mobile telecommunications group after it allegedly failed to comply with a regulatory directive precluding …
Read More »RWANDA: MTN’s US$8.5m fine
What next in IT relocation to Uganda dispute? Rwanda’s telecom industry regulator has fined MTN Rwanda Rwf7 billion (Approx. $8.5 million) for running its IT services outside the country in breach of its licence. The Rwanda Utilities Regulator Authority (RURA) announced the decision on May 17. It said in a …
Read More »