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HomeNewsAfricaMore Troubles As Uganda Govt Fine MTN $622,000

More Troubles As Uganda Govt Fine MTN $622,000

The Commercial court in Uganda has ordered telecom giant, MTN Uganda to pay a sum of Shs 2.3bn (about $662,000) in damages to EzeeMoney Limited for sabotaging its business, while MTN Nigeria is still struggling to pay the N1.04trillion fine imposed by the NCC.

Justice Henry Peter Adonyo on November 6, 2015 also ordered MTN to stop acting in unlawful and anti-competitive manner, which denies other businesses an opportunity to prosper.

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Justice Adonyo said MTN should pay Shs 800m to EzeeMoney in general damages for loss of business. It should also pay a penalty of Shs 1.5bn in punitive damages to deter not only MTN but also warn other companies against uncompetitive business tactics.

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EzeeMoney said MTN also damaged its ties with YUL and deprived it of services of other telecommunications operators. It argued that MTN used its exclusivity agreements to stop its agents from working for any other firm with similar business, further limiting competition.

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