Telecom

After Nigeria, MTN is hit with another huge $662,000 fine in Uganda

Friday, 20 November 2015 08:26

Another subsidiary of the South African telecom group MTN was just penalized for violating the regulation of a country where it operates. After Nigeria where it received a $5.2 billion fine, MTN received a new slap in Uganda at the beginning of November 2015. The Ugandan subsidiary of the telecom company is accused of unfair business practice, anti-competitive behavior, and has been asked to pay a $662,000 indemnity fine to EzeeMoney.

The verdict was pronounced by Uganda’s commercial court which was addressing a complaint filed by EzeeMoney, accusing MTN of sabotaging its mobile money business and failing to comply to the duties to it imposed in the 53 (1) and 56 acts of communication law. According to the Justice, MTN and EzeeMoney were partners. However, MTN cancelled the partnership claiming that EzeeMoney was a direct competitor to its own mobile money business.

Chris Maroleng, MTN’s spokesman said MTN Uganda “appealed the judgment and the question had not yet been dismissed”. During its audition, MTN affirmed it had put an end to its partnership with EzeeMoney because the firm had no exploitation licence. MTN’s Ugandan subsidiary therefore asked the case dismissed to its favor.

On the same topic
This successful bond sale not only reinforces AXIAN Telecom’s financial strength but also signals growing investor confidence in African digital...
• Experts at Cyber Africa Forum 2025 stress consumer education to fight cyber threats• Social engineering scams, phishing, and money mule schemes are...
Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Nigeria. This marks a major step in its global expansion...
Monthly mobile data traffic per smartphone in Sub-Saharan Africa will rise to 14 GB by 2030. Total mobile data traffic is expected to grow from 2.3...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Afric...

Six African Countries Rank Among Top Economies in 2025
03

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
04

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
05

Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Afric...

Global Peace Index 2025: Mauritius Leads Africa, Again
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.