MTN accepts R111m fine in Rwanda

MTN confirmed on Tuesday that it had accepted the decision of the Rwanda Utilities Regulatory Authority (RURA) to impose a fine of $8.5-million (R111-million) for non-compliance relating to MTN Rwanda’s involvement in the MTN IT Shared Services Hub based in Uganda.

“We have taken the necessary steps to address the regulator’s non-compliance concerns of the year 2014. We are currently in discussions with the regulator to agree on the terms of settling the fine,” said MTN Rwanda CEO Bart Hofker.

MTN is still reeling after it paid nearly $100-million (R1.34-billion) of a $1.7-billion fine for failing to disconnect unregistered SIM cards in Nigeria in March.

The telecoms giant was slapped with a $5.2-billion fine in October 2015.

That fine was later reduced, but not before the resignation of CEO Sifiso Dabengwa.

Security was cited as being behind the move, with fears that Boko Haram Islamists were using unregistered SIMs to plan and execute attacks in the remote northeast.

Related posts

Raila blasts CS Fred Matiang’i over attack on judicial officers


Eritrea’s capital added to UNESCO World Heritage list


UNBS destroys substandard goods worth Shs950m


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More