Again!!! MTN Uganda fined over GH₵85M on allegations of sabotage

MTN restricted its agents from working for other mobile money service providers. MTN Uganda has been ordered to pay a fine of about $662,000 to EzeeMoney on the allegations of sabotage.

  • Published: , Refreshed:
24/7 Live - Subscribe to the Pulse Newsletter!

On the heels of their current financial problems in Nigeria, a commercial court in Uganda has ordered MTN Uganda to pay a sum of 2.3bn shillings (about $662,000) to EzeeMoney Limited for sabotaging its business.

This is close to GH₵86M, a fine accrued after MTN allegedly restricted its agents from working for other mobile money service providers.

It all started when EzeeMoney, which runs an e-money business, obtained a contract from MTN for the provision of digital transmission [E1] and 30 fixed telephone lines to carry out its mobile money business.

EzeeMoney then contracted Yo! Uganda Limited (YUL) to implement the service after Uganda Communications Commission, the regulator, approved it on December 2012, to use the 7711 short code to enable its customers to subscribe for e-money services.

But in 2013, MTN canceled the contract, saying EzeeMoney was a direct competitor to its mobile money business. Through AF Mpanga and company advocates, EzeeMoney went to court, saying MTN's action "restricted and distorted competition."

Justice Adonyo, who presided over the case, 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.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Bauxite Mining Residents walk from E/R to Flagstaff House to petition...bullet
2 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions public...bullet
3 Illegal Mining 14-year-old among 10 arrested for 'galamsey' at Gomoa...bullet
4 2018 World Happiness Report Somalia is a happier place to live...bullet
5 Salaries In 2018 Here are the dates public workers will be paid...bullet
6 Corruption George Loh accuse MMDCEs, top assembly staff of...bullet
7 MoMo Ghanaians to make int’l payments with mobile money as...bullet
8 Tax Relief? Gov’t secretly replaces 1% tax relief with...bullet
9 Nepotism In Ghana NLA boss awards sister-in-law 11...bullet
10 Menzgold Ghana Investment company closes down its Gold...bullet

Top Videos

1 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
2 Forbes 2018 Africa's billionaires rich listbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Money Alert Meet Africa's richest womanbullet
5 Support Finance minister buys Kantanka carbullet
6 New Phone Nokia’s MWC 2018 event in 7 minutesbullet
7 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
8 Tech 6 reasons you should buy an iPhone SE instead of any...bullet
9 Bozoma Saint John 10 quotes from Uber top official,...bullet
10 Plane Crash Starbow suspends operations following...bullet