MTN Group announced on Wednesday that its Rwandan operation has been hit with $8,5 million (R111 million) regulatory fine from the Rwanda Utilities Regulatory Authority (RURA).
Africa and the Middle East biggest mobile phone operator said in a statement that the fine relates 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 has been engaging with the regulator on this matter over the past four months,” the company said.
“MTN Rwanda is currently studying the official notification and will continue to engage with the regulator on this matter.”
In 2015, MTN was also hit with an R71 billion fine in Nigeria. For more click here.