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Home Industries Company News

South African Vice President Says MTN Must Respect NCC Laws

Editor by Editor
November 5, 2015
in Company News
South African Vice President Says MTN Must Respect NCC Laws
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Cyril Ramaphosa, Vice President of the South Africa, has called on MTN Nigeria to respect the sanctions imposed on it by the Nigerian Communications Commission (NCC).

Ramaphosa said the sanctions would affect South Africa’s revenue generation, but MTN should follow the operating rules. He was Speaking to lawmakers in the Cape Town.

“We will obviously be taking note of what is happening with a view of seeing how the company involved responds and reacts in this matter,” he said “We would like our companies to comply with the laws and regulations of countries where they operate, without violating those. “It does seem like in the case of Nigeria, there were issues, and those issues need to be addressed. If this fine is indeed imposed as it is, it is going to impact on South Africa as well, as our revenue fortunes from a taxation point of view are going to be lower.”

Ramaphosa, who happens to be a former chairman of MTN Group, is reported to be leaving the telecommunication company to face the NCC music.

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