MTN boss Ralph Mupita criticises regulatory hurdles

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Regulations in the offing belie Ramaphosa’s promises to enlist private sector to reinvigorate economy

MTN boss Ralph Mupita has voiced concern at a double whammy of regulatory challenges the mobile operator faces in its home market, saying the increasingly tricky environment could dent profitability and further tarnish SA’s credentials as an investor-friendly emerging market.

Speaking to journalists this week, Mupita singled out two main issues: the Electronic Communications Amendment Bill and an Independent Communications Authority of SA proposal that will affect how mobile numbers are assigned and recycled in the country. ... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

Source: Financial Digest (financialdigest.net)

 

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