MTN addresses Rwanda Utilities Regulatory Authority’s concerns

MTN is in talks with Rwandan authorities regarding the R111 million fine it must pay for non-compliance

Rura imposed a fine of $8,5 million (R111 million) on the company for non-compliance relating to MTN Rwanda’s involvement in the MTN IT Shared Services Hub based in Uganda.

“We have taken the necessary steps to address the regulator’s non-compliance concerns of the year 2014. We are currently in discussions with the regulator to agree on the terms of settling the fine,” Hofker was quoted saying in an IOL report.

READ MORE: MTN Zakhele shareholders fuming over non-payment

MTN has also paid nearly $100 million (R1,34 billion) of a $1,7 billion fine to the Nigerian government for failing to disconnect unregistered SIM cards in the country in March. The Nigerian government cited security concerns as being behind their decision, with fears that Boko Haram terrorists were using unregistered SIM cards to plan and execute attacks in the country’s remote, north-east areas.

Additional reporting by IOL