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You Must Respect Laws of Host Countries, Ramaphosa Tells MTN

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You Must Respect Laws of Host Countries, Ramaphosa Tells MTN
You Must Respect Laws of Host Countries, Ramaphosa Tells MTN
EditorBy

You Must Respect Laws of Host Countries, Ramaphosa Tells MTN

By Editor

Deputy President of South Africa, Cyril Ramaphosa has called on MTN Group Limited, to abide by the rules in countries where they operate.

This advice came sequel to a fine of $5.2 billion slammed on MTN by the Nigerian Communications Commission (NCC), over failure to disconnect customers with unregistered phone cards. Specifically, NCC gave MTN up till November 16, 2015 to pay the fine, which touches on the timing of the disconnection of 5.1 million subscribers and is based on a charge of N200,000 ($1,005) for each unregistered customer. Ramaphosa said, “We would like our companies to comply with the laws and regulations of countries where they operate, without violating them. “It does seem like in the case of Nigeria, there were issues, and those issues need to be addressed. “If this fine is indeed imposed as it is, it is going to impact on South Africa as well, as our revenue fortunes from a taxation point of view are going to be lower.” Also Read: Trump Authorizes $300M in Weapons for Ukraine

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