South Africa's MTN rises after world powers clinch deal with Iran
) gained more than 2 percent on Monday on hopes a landmark deal on Iran's nuclear program may unlock millions of dollars the South African mobile operator has locked up in its largest Middle East market. Six world powers, including the United States, reached the deal with Iran on Sunday to curb Tehran's nuclear program in exchange for limited sanctions relief. MTN, Africa's largest mobile operator, has been unable to repatriate around $450 million from its Iranian unit because of sanctions. Johannesburg-based MTN said in a statement it was ...
Click
To Read Full Article
