SAA's civil damages burden piles up - lawyer

2017-03-08 06:03

Fines by competition authorities and civil claim awards can result in financial and credibility ‘poverty’ for organisations, such as the R1.16bn fine SAA has received.

MTN denies paying bribe to reduce Nigerian fine

2016-09-23 13:07

The mobile operator has denied it paid a bribe to Nigerian officials to reduce its multi-billion dollar fine as part of settling a dispute over disconnecting unregistered SIM cards.

Enron prophet is shorting MTN on Nigerian, SA woes

2016-05-06 07:04

Jim Chanos, who predicted the 2001 collapse of Enron, said he’s shorting MTN as demand in its biggest markets suffers from falling commodity prices.

Nigeria waives MTN deadline for R74.8bn fine payment

2015-11-16 07:54

MTN says it remains in talks with Nigerian regulators about a fine for failing to disconnect unregistered customers and that a payment deadline has been waived.

Explore this interactive timeline from the time the $5.2bn fine against MTN in Nigeria was announced to its temporary freeze on the JSE.

Explore this interactive timeline from the time the $5.2bn fine against MTN in Nigeria was announced to its temporary freeze on the JSE.

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Nigeria woes weigh on MTN share price

2015-11-02 11:02

The share price of Africa’s biggest mobile network MTN fell by over 6% in early morning trade on Monday morning before rebounding again.

MTN Nigeria future 'uncertain' amid $5.2bn fine

2015-10-29 08:41

A decision by Nigerian authorities to impose a fine on MTN of more than 20% of its market value risks foreign investment in that country, say experts.

MTN confirms $5.2bn fine in Nigeria

2015-10-26 15:21

Africa’s biggest mobile network MTN has confirmed that it’s been fined $5.2bn in Nigeria for failing to disconnect unregistered subscribers.

DTM crash: Audi fined, chief banned

2015-08-27 08:55

Audi has been fined a hefty sum and its motorsport chief has been banned from German Touring cars garages until the end of the 2015. Find out why...

Fined royal pulls regal waiver

2013-06-07 10:00

Sweden is adamant on equality to the extent that not even a princess can get away with driving in a bus lane.


MTN 'appoints' regulatory head after record fine

2016-10-10 13:40

MTN Group Ltd. appointed Felleng Sekha to the newly created position of head of regulatory affairs, part of a management shakeup at the wireless carrier following a record $1 billion fine in Nigeria, according to three people familiar with the matter.

Mercedes fined for unsafe release of Hamilton

2016-07-30 15:22

Lewis Hamilton's Mercedes team were fined 10 000 euros on Saturday for his 'unsafe release' from the pits during the final free practice for Sunday's German Grand Prix.

Fiat Chrysler hit with R1-billion safety issue fine

2015-12-11 10:28

US transportation safety regulators fined Fiat Chrysler more than R1-billion for failure to inform the National Highway Traffic Safety Administration about safety issues.

MTN seeks resolving Nigeria fine within two weeks

2015-11-10 07:43

The mobile operator's new executive chairman Phuthuma Nhleko plans to resolve the company’s $5.2bn fine by Nigerian regulators within two weeks.

MTN resumes trading on JSE

2015-11-02 14:36

Mobile network MTN resumed trading on the Johannesburg Stock Exchange on Monday afternoon after trade in its shares were suspended in the morning.

MTN ‘engaging’ Nigerian authorities on $5.2bn fine

2015-10-30 11:02

Africa’s biggest mobile network MTN says its group chief executive officer, Sifiso Dabengwa, is in talks with Nigerian authorities over a $5.2bn fine.

MTN 'seeks to reduce' $5.2bn Nigeria fine

2015-10-28 10:06

Africa's biggest mobile phone operator, MTN Group, is in talks with Nigerian regulators to try to reduce a $5.2bn fine, sources familiar with the matter have said.

MTN shares fall on Nigeria fine report

2015-10-26 14:23

Shares in South Africa's MTN dropped more than 5% after an unconfirmed report in Nigeria said the mobile phone firm's Nigerian unit could face a $5.2bn fine.

Time at the sign signal moment for Dan

2014-05-09 13:24

A man found himself on the receiving end of a parking ticket in California, US. A normal occurrence for drivers and workers, except he was placing parking signs at the time!

Car prank: 'Snow-Beetle' fined

2013-03-18 10:21

A German traffic cop gave new meaning to the term "brain freeze", when he ticketed a pile of snow, mistaking it for a snow-covered Volkswagen Beetle.

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