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 UK/ISIS
News icon Jordan/Israel
News icon Trump/Kim
News icon UN/Pakistan
News icon Brazil/Venezuela
News icon US/Saudi Arabia
News icon Pope/Cardinals
News icon US/Saudi Arabia
News icon Uganda/Presidency
News icon Egypt/Violence

AFRICAN PRESS AGENCY Copyright © 2005 - 2007