Tag: fine

ArcelorMittal South Africa fined R3.64 million over hydrogen sulfide emissions

ArcelorMittal South Africa will pay a fine of 3.64 million rand ($219,658) relating to charges of exceeding hydrogen sulfide minimum emissions standards at its coke plant in 2016, it said on Wednesday.

MET Collective Investments to appeal R100m fine

MET Collective Investments plans to appeal the Financial Sector Conduct Authority's decision to fine it a R100 million.

South Africa's MTN swings into first annual loss in 20 years

MTN agreed to pay a fine of 330 billion naira ($1.1 billion), reduced from $5.2 billion, in June last year after a prolonged legal battle.

MTN CEO start date sooner, suspends Nigeria dividend payout

Rob Shuter, Vodafone European boss, was due to start in July next year but MTN said he would now start on 13 March 2017.

MTN says it complied with funds transfer rules in Nigeria

Nigeria's upper house of parliament last month agreed to investigate whether Africa's biggest telecoms company.