China will take “all necessary measures” to protect its firms’ legitimate interests, the commerce ministry said, in response to the US move this week to further tighten restrictions on Huawei.
Browsing: Telecoms
Ralph Mupita, MTN Group’s chief financial officer, will replace Rob Shuter as the CEO of the telecommunications provider on 1 September.
Thousands of investors in Vodacom Group’s black economic empowerment scheme, YeboYethu, have failed to claim more than R73-million in dividends owing to them.
Wireless towers operator IHS Holding is exploring a potential IPO, shareholder Wendel said on Tuesday, in a deal that could be the biggest listing ever by an African company in the US.
The high court in Pretoria has handed a significant and potentially ground-breaking legal defeat to Telkom, and victory to Vodacom, over the use of the former’s ducts used to carry broadband cables.
China has denounced the US’s latest moves to curb Huawei’s access to commercially available chips, the latest blow in an increasingly tense relationship between the world’s two biggest economies.
A new US edict limiting Huawei’s access to technology is more than just an incremental measure against the Chinese giant. It threatens to kill the company, which invites retaliation from Beijing.
MTN Group is considering selling its stake in Iran’s ride-hailing app Snapp as it trims its e-commerce portfolio and plans an exit of the Middle East.
Telkom Group CEO Sipho Maseko has taken a haircut to his remuneration in the 2020 financial year after no short-term incentives were paid to executive directors.
Liquid Telecom South Africa has made no decision yet about retrenching staff but has begun a consultation process with employees that could – and probably will – lead to job losses in the months ahead.