19 May Rwanda: MTN receives fine notification from RURA
MTN Rwanda has received official notification of a fine equivalent to US$ 8,5 million from the Rwanda Utilities Regulatory Authority (RURA).
In a statement, MTN said the fine related to non-compliance with the Directives issued by the regulator prohibiting the inclusion of MTN Rwanda in the MTN South and East Africa (SEA) IT hub based in Uganda.
MTN said it had been engaging with the regulator on this matter over the past four months. MTN Rwanda is currently studying the official notification and will continue to engage with the regulator on this matter.
Source: BizTech Africa