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Avoiding the cracks: MTN’s delicate dance is paying off

13 August 2021

These are disappointments, but are not material in the bigger picture,” says Peter Takaendesa, head of equity at Mergence Investment `Managers. “They are doing the right thing by exiting the Middle East — though arguably MTN hung on in countries like Iran for too long. Investors will be more comfortable if they don’t have to worry about sanctions-busting and other complexities