Johannesburg - The presidents of Africa’s two
biggest economies plan to meet in Johannesburg
this week to discuss MTN’s $5.2bn fine in Nigeria,
reported the Sunday Times .
President Jacob Zuma and his Nigerian counterpart
Muhammadu Buhari are expected to meet and
discuss the fine along the sidelines of the Forum of
China-Africa Co-operation, the newspaper reported
on Sunday.
The event takes place on December 4-5 at the
Sandton Convention Centre.
Meanwhile, the expected meeting between the two
heads of state comes after Nigeria’s
communications technology minister Adebayo Shittu
told newspapers in the West African country that
Buhari will decide on MTN’s fate regarding the fine.
The Nigerian Communications Commission (NCC)
fined MTN $5.2bn for failing to disconnect five
million unregistered SIM cards in a timely manner.
Nigeria’s SIM card registration process is designed
to curb terror and criminal threats in that country.
The fine - which Denmark-based Strand Consult said
is the biggest of its kind in history - has rattled the
South African headquartered MTN whose share price
shed about fifth of its value amid the penalty.
MTN’s group chief executive officer Sifiso
Dabengwa subsequently quit while the company’s
former CEO Phuthuma Nhleko was then appointed
as executive chairperson and tasked with tackling
the fine.
Talks between MTN and the NCC regarding the fine
are said to be ongoing with Nhleko having visited
Nigeria.
The Johannesburg Stock Exchange (JSE) is also
investigating MTN for how it announced its fine to
shareholders.
- Fin24
http://m.news24.com/fin24/Tech/Companies/zuma-buhari-to-meet-over-mtns-52bn-fine-20151129

Nice

To what end exactly?

The presidents of Africa’s two
biggest economies plan to meet in Johannesburg indirectly, meaning that Buhari will be travelling again.

lalasticlala

So the President is heading to SA again?

Maybe the wailers are right afterall. Maybe we've been scammed by APC and Buhari.

Must buhari head to SA? Y can't Zuma head here

President travelhari

Bolade005:
So the President is heading to SA again?

Maybe the wailers are right afterall. Maybe we've been scammed by APC and Buhari.

if he goes to south africa, then i can personally confirm that hes an ediot.

I thought a Nigerian Agency(NCC) fined MTN and not the other way round... Why is Buhari travelling to meet Zuma?

Blizzy9ja:
I thought a Nigerian Agency(NCC) fined MTN and not the other way round... Why is Buhari travelling to meet Zuma?

because there is CHINA-AFRICA summit in johannesburg, all 54 african presidents meeting with Chinese president.

14:


because there is CHINA-AFRICA summit in johannesburg, all 54 african presidents meeting with Chinese president.

But Nigeria is China's biggest market in Africa... Such meetings are supposed 2 be held in Nigeria and not South Africa.

lalasticlala

Buhari just love travelin.. dats his hobbie!!.

Blizzy9ja:
But Nigeria is China's biggest market in Africa... Such meetings are supposed 2 be held in Nigeria and not South Africa.

Dude!! Ordinarily Yes!! But giving the state of security and the latest intelligence report on bh.. None of the participants would want to come over to Nigeria for such an important meeting..

Sometimes we have a way of making our self look stupid. If PMB should go to S/africa because of MTN, then he must be a baby president without clue.
NCC fined MTN, instead of Zuma to come to Nigeria to discuss the issue with our president, our Fulani is going S/africa to discuss the issue.
Apprentice Democratic Presido.