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Thoughts on MTN going forward

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Preston
Super Contributor
Not applicable
I don't believe they are pulling out, just not pumping any more money in. They had earmarked a lot of extra capex which they have suspended, if I understand the story correctly. A logistical nightmare - trying to manage a cold chain process in a subtropical climate with intermittent power supply and phenomenal bureaucracy - but if they can pull it off ... Shoprite apparently, according to some expats I have met in the area, have their highest margin stores in Nigeria.