MTN facing more pressure in Nigeria

Nigerian politician Dino Melaye has accused mobile network provider MTN of illegally transferring about 14 billion US dollars in funds outside the country.

CEO for MTN in Nigeria, Ferdi Moolman, has released a statement saying these allegations are completely unfounded and without any merit.

Tech Central editor, Duncan Mcleod, says the Nigerian government is putting a lot of pressure on MTN and it seems like politicians are targeting MTN because they do not like the cellular company.

The government in Nigerian is under a lot of pressure at the moment, the collapse of the world prices over the last 13 months or so has put a dent on government.

Duncan Mcleod, Tech Central editor

Government is under a lot of pressure to raise revenues in any way it can.

Duncan Mcleod, Tech Central editor

Listen to the audio below for more information...

The allegation follows MTN's agreement with Nigerian government to pay a R25 billion fine after it missed the deadline to disconnect 5.1-million unregistered sim cards in the country.


Read More
Steinhoff announces 2016 financial to be restated

Steinhoff announces 2016 financial to be restated

The beleaguered group is already under investigation in Germany for what’s being called ‘accounting irregularities’.

Cases against President Zuma keep piling up as DA adds perjury to the list

Cases against President Zuma keep piling up as DA adds perjury to the list

Associate Prof of Law at Wits James Grant says this could drive civil society organisations to increasingly challenge the law.

UN: Suicide bombers are using 'upper' and 'downer' drugs before attacks

UN: Suicide bombers are using 'upper' and 'downer' drugs before attacks

The UN Drug and Crime Enforcement Agency has found drugs like Tramadol and Captagon in the pockets of suicide bombers.

Palestine lobbying international leaders to reject Trump's statement

Palestine lobbying international leaders to reject Trump's statement

In SA, Pro-Palestine demonstrators marched to Parliament to denounce Trump's decision to recognise Jerusalem as Israel’s capital.

'ANC may split if Dlamini-Zuma is elected leader'

'ANC may split if Dlamini-Zuma is elected leader'

Political analyst Dr Somadoda Fikeni sat down with Ray White to discuss the future of the ANC.

France exploring ways to assist City of Cape Town with water crisis

France exploring ways to assist City of Cape Town with water crisis

Xanthea Limberg says no formal agreement has been reached but it looks forward to talks and learning more from France.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

Is it normal to have a curved penis? Dr Shingai explains

Is it normal to have a curved penis? Dr Shingai explains

Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.

Nkosazana Dlamini-Zuma's simply did not do her job as  AU chair - analyst

Nkosazana Dlamini-Zuma's simply did not do her job as AU chair - analyst

Analysts weigh-in with very different views on Dlamini Zuma's failures and achievements as chairperson of the African Union.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?