In hot wa­ter again, now in Rwanda

The Star Early Edition - - COMPANIES -

AFRICA’S cel­lu­lar gi­ant, MTN, con­firmed it was in talks with the Rwan­dan author­i­ties on how it would pay the R111 mil­lion fine for non-com­pli­ance. On Tues­day, MTN con­firmed that it had ac­cepted the de­ci­sion of the Rwanda Util­i­ties Reg­u­la­tory Au­thor­ity to im­pose a fine of $8.5 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 chief ex­ec­u­tive, Bart Hofker. MTN landed it­self in hot wa­ter for fail­ing to com­ply with a di­rec­tive pre­clud­ing it from in­clud­ing its op­er­a­tion in that coun­try into the IT hub it runs in Uganda. The com­pany was fined $5.2 bil­lion in Nige­ria for fail­ing to dis­con­nect un­reg­is­tered SIM– cards. – Di­neo Faku

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