{"id":109643,"date":"2016-01-21T10:18:03","date_gmt":"2016-01-21T08:18:03","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=109643"},"modified":"2016-01-21T10:18:03","modified_gmt":"2016-01-21T08:18:03","slug":"mtn-hit-with-r1-5-billion-tax-penalty-in-cameroon","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/109643\/mtn-hit-with-r1-5-billion-tax-penalty-in-cameroon\/","title":{"rendered":"MTN hit with R1.5 billion tax penalty in Cameroon"},"content":{"rendered":"<p>MTN has been hit with a bill of 52 billion CFA francs (R1.46 billion) in taxes and royalties by the national anti-corruption commission in Cameroon.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-cameroon-telecoms-fine-idUSKCN0UY2JO\" target=\"_blank\"><strong>Reuters reported that<\/strong><\/a> Cameroon\u2019s corruption board said Orange and MTN owe the country nearly 100 billion CFA francs in taxes.<\/p>\n<p>This followed an investigation by the commission, which uncovered large amounts of unpaid taxes.<\/p>\n<p>According to the report, \u201cMTN owed nearly 52 billion CFA francs in taxes and royalties\u201d.<\/p>\n<p>MTN said it was not aware of any fines in its Cameroon operation, but is looking into the issue.<\/p>\n<p>The fine comes amidst <strong><a href=\"http:\/\/mybroadband.co.za\/news\/business\/150615-mtn-in-nigerian-stand-off-over-r60-6-billion-fine-report.html\">an ongoing battle in Nigeria<\/a><\/strong>, where MTN is facing a \u20a6780-billion fine for not abiding by the country\u2019s SIM regulations.<\/p>\n<p>The Nigerian Communication Commission\u00a0<a href=\"http:\/\/mybroadband.co.za\/news\/cellular\/143701-mtn-slapped-with-r71-billion-fine-report.html\"><strong>fined MTN \u20a61.04-trillion<\/strong><\/a> (around R71 billion at the time) in October 2015 for not disconnecting unregistered SIMs on its network.<\/p>\n<p>After negotiations with Nigerian authorities, the fine was <a href=\"http:\/\/mybroadband.co.za\/news\/business\/148501-mtns-massive-fine-it-just-got-worse.html\"><strong>reduced by 25%<\/strong><\/a> to \u20a6780-billion.<\/p>\n<h3 class=\"my-4\">More on MTN<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/mobile\/109393\/mtn-posts-r15-8-billion-profit-in-nigeria\/\">MTN posts R15.8 billion profit in Nigeria<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/mobile\/108813\/nigerian-court-rejects-application-to-freeze-mtn-accounts-report\/\">Nigerian court rejects application to freeze MTN accounts: report<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/mobile\/107959\/mtn-in-stand-off-over-massive-fine-report\/\">MTN in stand-off over massive fine: report<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/general\/107649\/mtn-to-challenge-nigeria-fine-in-the-high-court\/\">MTN to challenge Nigeria fine in the high court<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTN has been hit with a bill of 52 billion CFA francs (R1.46 billion) in taxes and royalties by the national anti-corruption commission in Cameroon.<\/p>\n","protected":false},"author":31,"featured_media":8378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[26,28],"class_list":["post-109643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-headline","tag-mtn"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/109643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=109643"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/109643\/revisions"}],"predecessor-version":[{"id":109645,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/109643\/revisions\/109645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/8378"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=109643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=109643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=109643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}