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MTN Group
President and Chief Executive Officer, Sifiso Dabengwa, has resigned. (Image
source: villageyouth.co.za)
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The embattled chief
executive of South Africa-based mobile phone giant MTN has resigned over a
US$5.2bn (£3.4bn) fine imposed on the firm by Nigeria. "Due to the most
unfortunate prevailing circumstances occurring at MTN Nigeria, I, in the
interest of the company and its shareholders, have tendered my resignation with
immediate effect," CEO Sifiso Dabengwa said in a statement.
