3 ms·
All manner of more recent developments after this article as well: 1] MTN share trading has been suspended on the JSE (Johannesburg Stock Exchange) 2] In an imp
by tonteldoos 11y ago
All manner of more recent developments after this article as well:
1] MTN share trading has been suspended on the JSE (Johannesburg Stock Exchange)
2] In an impressive about turn after threatening to leave South Africa a few weeks ago, they asked the SA government to help negotiate with the Nigerian authorities.
3] Any delay/reduction of the fine has so far been denied by Nigerian authorities.
To put the size of the fine into perspective: Nigerian nominal GDP estimate for 2015 (according to Wikipedia) is ~$564B.