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MTN must pay dealer R11.4m in damages

Business News 1 month ago

In December 2011, Belet sued for damages in the High Court in Johannesburg on the basis that MTN had breached or repudiated the dealer agreement.


20 Jan 2021
PREMIUM!
MTN must pay dealer R11.4m in damages

Image: Moneyweb

The Supreme Court of Appeal (SCA) this week threw out MTN’s appeal against a judgment ordering it to pay R11.4 million in damages, plus interest, to a dealer whose business was shut down in 2011 for breach of contract. MTN had accused the dealer, Belet Industries, of dishonesty after an internal auditor arrived at one of the two stores operated by the company. The general manager of the store instructed shop assistants to place 15 obsolete items considered unnecessary to the audit in black bags and keep them outside the shop until the audit was complete. To MTN, this looked...

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