Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Country Profile
 Useful Links
 Contact us

Home

S. Africa/MTNBack
[Published: Tuesday October 09 2018]

 South Africa's MTN shares up 2 percent on possibility of reduced repatriation demand

 
JOHANNESBURG, 09 Oct. - (ANA) - South Africa’s MTN Group shares rose as much as 2.55 percent after the Nigerian central bank governor said on Sunday the bank may reduce the amount it has ordered the telecoms firm to repatriate as part of an ongoing disagreement.
 
MTN and the central bank are in a dispute over the transfer of $8.1 billion of funds which the bank said the company had sent abroad in breach of foreign-exchange regulations. At 0837 GMT shares in MTN were up 2.03 percent to 85.50 rand.  - (ANA) -
 
AB/ANA/ 09 October 2018 - - -
 
 
 
 
 
 

North South News website

Advertise banner

News icon Ukraine/Russia
News icon Yemen/Truce
News icon Nigeria/Unicef
News icon Australia/Israel
News icon Sri Lanka/PM
News icon Obamacare/Texas
News icon Amnesty/UNICEF
News icon US/Yemen
News icon Brexit/EU
News icon Queensland/Cyclone

AFRICAN PRESS AGENCY Copyright © 2005 - 2007