President Muhammadu Buhari and his
South African counterpart, President Jacob
Zuma, are to meet in Johannesburg this
week to discuss MTN’s $5.2billion fine,
South Africa-based Sunday Times has
reported.
Both leaders are expected to meet and
discuss the fine along the sidelines of the
Forum of China-Africa Co-operation, the
newspaper reported yesterday. The event
takes place on December 4-5 at the
Sandton Convention Centre.
The newspaper, however, reports that the
South African government has been
unwilling to confirm or deny its
involvement in the MTN matter.
Clayson Monyela, spokesman for the
Department of International Relations, told
the Sunday Times that government was
monitoring the development with keen
interest. “The matter between MTN and
Nigeria is between a private company and
issues of compliance in a market they do
business in,” Monyela told the newspaper.
Meanwhile, the expected meeting between
the two heads of state comes after the
minister of communications, Adebayo
Shittu, said last Wednesday that Buhari will
decide MTN’s fate regarding the fine.
The Nigerian Communications Commission
(NCC) fined MTN $5.2billion 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 the
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 charged with the
responsibility of 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.

Malta - France - Mexico and now to "South Africa". This is really getting out of hand.

Buhari is a terrestrial and aerial being (creature that lives both on land and air)

End time traveller..

Is PMB the one meant to go there or Zuma is meant to come and meet him regards this.

After fining somebody,u are going to meet same person 4 talks,instead of the person coming to u,na money we dey beg MTN and south Africa ni?

mtn should pay the damn fine already. No need for meet ups. Did Zuma meet buhari when Mtn has been scamming Nigerians all these years?

Buhari should give himself class and dignity. As a President, you shouldn't honour every invitation. Send your Vice or Perm. Sec.

Most times Obama sends John Kerry. Buhari should learn.

trapQ:
Buhari should give himself class and dignity. As a President, you shouldn't honour every invitation. Send your Vice or Perm. Sec.

Most times Obama sends John Kerry. Buhari should learn.

citizens now teaching mr president basic principles of leadership.