Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

MTN

Reply
JulzM
Regular Contributor
Will Mtn be liable for 79% of the nigerian fine and not the whole amount,as they they own 79% of the nigerian operation?
0 Kudos
Reply
1 REPLY 1
CHATTYCHAT
Super Contributor
Depends on the strength of minority holding. The fine is to that entity and the effect on MTN group is limited to the majority holding. It might well be that the daddy will have to stand in based on guarantees provided as part of the licensing process.
0 Kudos
Reply