Skip to main content

New MTN CEO in Nigeria for talks over $5.2bn fine

By
South Africa MTN Group’s Chief Executive Phuthuma Nhleko was in Nigeria, a source with knowledge of the matter told Reuters, as a deadline to pay a $5.2 billion fine for failing to disconnect unregistered SIM cards approached.
MTN has said it was continuing talks with the authorities in Nigeria over the fine.
Nhleko was named executive chairman of MTN for a period of up to six months after Sifiso Dabengwa stepped down as CEO with immediate effect on Monday.

Comments

Post a Comment

Popular Posts

Africa celebrates one year without polio: UN

By
Africa has marked one year since the last case of recorded polio, with the United Nations celebrating Wednesday a key step towards eradicating the disease. The last recorded case on the continent was in Somalia in Aug. 11 2014, although health officials must wait two more years before declaring the continent free from the highly infectious, crippling virus.
Post a Comment
Read full story »

We will work with Buhari to destroy BokoHaram, says US

By
The United States of America has said it will work with President Muhammadu Buhari to stop the menace of Boko Haram in Nigeria and its neighbouring countries. Erstwhile President Goodluck Jonathan had complained during his tenure about the unwillingness of the American government to assist Nigeria in prosecuting the war against the terrorist group, especially in selling weapons to the country. But Washington said it would work with Buhari to likely increase the US’ level of support though it did not say whether that would include sales of lethal weapons earlier requested for by the Federal Government. The US Assistant Secretary, Bureau of African Affairs, Linda Thomas-Greenfield, during a telephone press briefing on Monday, held in South Africa at the 25th African Union Summit, and monitored by our correspondent in Lagos, stated that Washington was committed to ensuring that Nigeria wins its battle against the terrorist group. “Fighting terrorism is not easy. Since 2001 we have...
Post a Comment
Read full story »

Facebook launches Drone to add Internet in Remote Areas

By
Facebook (NASDAQ: FB) announced on July 30 that a drone they have developed called Aquila will expand internet to remote areas of the world. Their goal with the Internet.org initiative is to to boost Internet access to those living in remote places without internet access, particularly poor countries. The company will test the large solar powered drone in the near future to ensure that it works properly.
Post a Comment
Read full story »