MTN basically unchanged today after after news from Nigeria that the Nigerian government lawyers said that MTN has evaded taxes. The shake down in Nigeria continues ... It's quite telling that MTN made this recovery after a near 7% drop, clearly investors aren't "buying" this shake down anymore.
Comment:
The weakness has now settled in! Down -3.8% today while the likes of Telkom and Vodacom is seeing gains.
Comment:
Back to the levels prior to the announcement of their tax issues.