SMEasy saga: founder slams MTN’s claim that deal had no exclusivity clause

SMEasy founder Darlene Menzies has hit back at MTN’s claims that there was no exclusivity clause in a multi-million dollar distribution deal that her startup signed with the telco giant three years ago and that failed to materialise.

The exclusivity clause is at the centre of a spat that has turned public, between MTN Group and SMEasy.

Last week Menzies said MTN locked her accounting software business SMEasy in a three-year agreement, preventing the company from expanding by distributing its accountancy product to micro firm customers on the rest of the continent (see this story). The deal is set to expire on 1 April.

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