African telecom MTN raises $140m in divestment plan

African telecom MTN raises $140m in divestment plan

MTN Group Ltd says it has raised 2.1 billion rand (140.24 million dollars) from asset sales in the first half of this year as part of a divestment plan to simplify its portfolio. The Group Chief Executive, Rob Shuter told...
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MTN Paid Chairman Nhleko $5.6M for Securing Fine Reduction in Nigeria

MTN Paid Chairman Nhleko $5.6M for Securing Fine Reduction in Nigeria

  MTN Group Ltd. has  awarded Executive Chairman Phuthuma Nhleko the sum of $5.6 million about(N2.4 Billion Naira) in pay and bonuses last year after he negotiated a reduced fine with Telecommunication regulator in Nigeria -Nigeria Communications Commiss...
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