Exodus anticipated at MTN over Nigeria crisis

November 13, 2015 8:25 am3 comments
Sifiso Dabengwa, Former  MTN Group CEO

JOHANNESBURG- (CAJ News) – A spate of resignations and dismissals is on the cards at MTN as the drama unfolds at the continent’s biggest mobile network operator reeling from a hefty fine imposed in Nigeria. Last weekend, the turmoil claimed its first casualty in Group President and Chief Executive Officer, Sifiso Dabengwa, who […]

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Orange exits Kenya market after Helios deal

November 10, 2015 9:52 am1 comment
Orange mobile, Kenya

NAIROBI, (CAJ News) – THE Orange Group has announced a binding agreement with Helios Investment Partners for the sale of its entire 70 percent stake in Telkom Kenya. The finalization of the transaction remains subject to approval from the relevant authorities. Officials said the signature reflected Orange’s constant focus on […]

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BREAKING: Nigeria woes claim MTN Chairman’s scalp

November 9, 2015 6:16 am0 comments
Sifiso Dabengwa, Former  MTN Group CEO

JOHANNESBURG, (CAJ News) – THE MTN Group has appointed a new chairman following the resignation of Sifiso Dabengwa, whose resignation is the latest twist in the company’s problems in Nigeria. Phuthuma Nhleko has been appointed as Executive Chairman in a temporary capacity. Dabengwa confirmed his resignation on Monday morning. “Due to the most […]

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