Shares of Africa’s biggest telecoms firm MTN stopped from trading as fallout from record Nigeria fine continues>
South African multinational has failed to convince Nigerian regulators to lower the $5.2 billion fine, according to reports.
Buhari’s Nigeria: Tough day at office for SA multinationals as MTN hit with record fine; bank directors shut out>
The magnitude of MTN's penalty "is way, way higher than the profits they’re going to make from Nigeria for many years to come".
Helen Zille, 64, said that she won’t make herself available for re-election at the party’s May 9 federal congress, making Mmusi Maimane frontrunner.
Country's market has underperformed almost all equity markets in Africa since Jonathan took office in May 2010