Nigeria’s government says MTN evaded taxes and should pay a $2bn penalty
A man passes an MTN board in Lagos, Nigeria. Picture: AFP/PIUS UTOMI EKPEI
The high court of Lagos should throw out MTN’s attempt to stop it from paying backdated taxes, TA Gazali, a government lawyer, said in court on Tuesday. MTN fell as much a 6.8%, the most in more than five months, before paring losses to 2.1% by noon in Johannesburg.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AfriForum launches campaign against MTN pulling out over Steve HofmeyrThe network withdrew from the Afrikaans is Groot music festival after a controversial tweet from singer Steve Hofmeyr re-surfaced on Twitter.
Read more »
AfriForum accuses MTN of ‘racism’ for pulling out of Steve Hofmeyr concertThe lobby group accuses the cellular giant of supporting 'sometimes blatantly racist views' of people involved with the ANC and EFF.
Read more »
AfriForum launches campaign against MTN pulling out over Steve HofmeyrThe network withdrew from the Afrikaans is Groot music festival after a controversial tweet from singer Steve Hofmeyr re-surfaced on Twitter.
Read more »
AfriForum takes on MTN over stance on apartheid denialist Steve HofmeyrAfriForum has declared a dispute and launched a public campaign against MTN over its alleged 'racist action' after the company pulled out of Afrikaans is Groot due to Steve Hofmeyr’s involvement in the show.
Read more »
MTN announces ‘world first’ WhatsApp-based serviceCustomers will be able to buy airtime and data bundles and check their balances directly on Facebook-owned messaging platform
Read more »
Afrikaans is Groot turns to its audience for financial supportAfter its main sponsor, MTN cut ties with Afrikaans is Groot (AIG) the local music concert is having to turn to its audience members for financial support.
Read more »
Afrikaans is Groot turns to its audience for financial support as sponsors cut ties over Steve Hofmeyr's involvementAfter its main sponsor, MTN and Toyota, cut ties with Afrikaans is Groot (AIG) the local music concert is having to turn to its audience members for financial support.
Read more »
Afrikaans is Groot turns to its audience for financial support after its main sponsor cut ties over Steve Hofmeyr involvementAfter its main sponsor, MTN cut ties with Afrikaans is Groot (AIG) the local music concert is having to turn to its audience members for financial support.
Read more »
Newsdeck: Consumers suffer as load shedding affects cell phone signalStage 3 and 4 load shedding means cell phone companies are battling to keep their towers running. As a result, many customers have complaining that their cell phone signal is either weak or non-existent. Though the three major networks – MTN, Vodacom and Cell C – claim they are doing all they can to work around the extensive power cuts, some interest groups feel that they should be doing more to ensure that consumers continue to receive the service they have paid for.
Read more »