MTN Must Obey Nigerian Laws, South Africa's Ramaphosa Says

Updated on
  • $5.2 billion fine will have effect on South African economy
  • Parliamentary panel plans to summon MTN to explain fine

MTN Group Ltd., Africa’s biggest mobile-phone company that’s facing a $5.2 billion fine in Nigeria, must follow the rules in countries where it does business, South African Deputy President Cyril Ramaphosa said.

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