New MTN CEO flies to Nigeria for talks over $5.2 Billion fine

<div xmlns='http://www.w3.org/1999/xhtml'><a href="https://lh3.googleusercontent.com/-94_pSqlmMqQ/VkXpZl11XLI/AAAAAAAAGJU/5zAWoRw3ACQ/s2560/%25255BUNSET%25255D.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img border="0" src="https://lh3.googleusercontent.com/-94_pSqlmMqQ/VkXpZl11XLI/AAAAAAAAGJU/5zAWoRw3ACQ/s640/%25255BUNSET%25255D.jpg" style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;"/></a><br/> <br/> South Africa MTN Group’s Executive Chairman 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.<br/> <br/> 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.</div>

New MTN CEO flies to Nigeria for talks over $5.2 Billion fine

South Africa MTN Group’s Executive Chairman Phuthuma Nhleko was in Nigeria, a source with knowledge of the matter told Reuters, as a deadl...

Read more »