Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Silicon batteries are about to upend smartphone battery life

      Silicon batteries are about to upend smartphone battery life

      9 January 2026
      AI hardware booms at CES, but consumer adoption is uncertain

      AI hardware booms at CES, but consumer adoption is uncertain

      9 January 2026
      Major overhaul coming to Gmail

      Major overhaul coming to Gmail

      9 January 2026
      Telecoms firms lose bid to rein in US tech giants

      Telecoms firms lose bid to rein in US tech giants

      9 January 2026
      Watts & Wheels: S1E1 - 'William, Prince of Wheels'

      Watts & Wheels: S1E1 – ‘William, Prince of Wheels’

      8 January 2026
    • World
      Samsung forecasts record operating profit as AI demand sends memory chip prices sharply higher worldwide - TM Roh

      Samsung cashes in on AI data centre boom as memory prices soar

      8 January 2026
      EU pressure mounts on Musk's X over AI 'undressing' images - Wolfram Weimer

      EU pressure mounts on Musk’s X over AI ‘undressing’ images

      7 January 2026
      Intel launches Panther Lake, its next-gen PC chip

      Intel launches Panther Lake, its next-gen PC chip

      6 January 2026
      Starlink plans to lower satellite orbit to enhance safety

      Starlink plans to lower satellite orbit to enhance safety

      4 January 2026
      Lou Gerstner, the man who saved IBM, dies at 83

      Lou Gerstner, the man who saved IBM, dies at 83

      29 December 2025
    • In-depth
      Digital authoritarianism grows as African states normalise internet blackouts

      Digital authoritarianism grows as African states normalise internet blackouts

      19 December 2025
      TechCentral's South African Newsmakers of 2025

      TechCentral’s South African Newsmakers of 2025

      18 December 2025
      Black Friday goes digital in South Africa as online spending surges to record high

      Black Friday goes digital in South Africa as online spending surges to record high

      4 December 2025
      DStv dodges channel blackout in last-minute deal with Warner Bros

      Canal+ plays hardball – and DStv viewers feel the pain

      3 December 2025
      Jensen Huang Nvidia

      So, will China really win the AI race?

      14 November 2025
    • TCS
      TCS+ | Africa's digital transformation - unlocking AI through cloud and culture - Cliff de Wit Accelera Digital Group

      TCS+ | Cloud without culture won’t deliver AI: Accelera’s Cliff de Wit

      12 December 2025
      TCS+ | How Cloud on Demand helps partners thrive in the AWS ecosystem - Odwa Ndyaluvane and Xenia Rhode

      TCS+ | How Cloud On Demand helps partners thrive in the AWS ecosystem

      4 December 2025
      TCS | MTN Group CEO Ralph Mupita on competition, AI and the future of mobile

      TCS | Ralph Mupita on competition, AI and the future of mobile

      28 November 2025
      TCS | Dominic Cull on fixing South Africa's ICT policy bottlenecks

      TCS | Dominic Cull on fixing South Africa’s ICT policy bottlenecks

      21 November 2025
      TCS | BMW CEO Peter van Binsbergen on the future of South Africa's automotive industry

      TCS | BMW CEO Peter van Binsbergen on the future of South Africa’s automotive industry

      6 November 2025
    • Opinion
      ANC's attack on Solly Malatsi shows how BEE dogma trumps economic reality - Duncan McLeod

      ANC’s attack on Solly Malatsi shows how BEE dogma trumps economic reality

      14 December 2025
      Netflix, Warner Bros deal raises fresh headaches for MultiChoice - Duncan McLeod

      Netflix, Warner Bros deal raises fresh headaches for MultiChoice

      5 December 2025
      BIN scans, DDoS and the next cybercrime wave hitting South Africa's banks - Entersekt Gerhard Oosthuizen

      BIN scans, DDoS and the next cybercrime wave hitting South Africa’s banks

      3 December 2025
      ANC's attack on Solly Malatsi shows how BEE dogma trumps economic reality - Duncan McLeod

      Your data, your hardware: the DIY AI revolution is coming

      20 November 2025
      Zero Carbon Charge founder Joubert Roux

      The energy revolution South Africa can’t afford to miss

      20 November 2025
    • Company Hubs
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • AvertITD
      • Braintree
      • CallMiner
      • CambriLearn
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • LSD Open
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » Sections » Telecoms » Court orders seizure of telecoms stake held by Angola’s dos Santos

    Court orders seizure of telecoms stake held by Angola’s dos Santos

    By Agency Staff6 April 2020
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp

    A Lisbon court has ordered the “preventive seizure” of a 26% stake in Portuguese telecommunications company NOS SGPS that’s controlled by Isabel dos Santos, Africa’s richest woman and the daughter of Angola’s former president.

    ZOPT SGPS, a venture that holds 52% of Lisbon-based NOS, received a notice from the court on the seizure of half of that stake, according to a regulatory filing on Saturday. Dos Santos and Sonaecom SGPS, a unit of Portuguese holding company Sonae SGPS, each control half of ZOPT.

    Portugal’s public prosecutor in February issued a freeze order on the bank accounts of dos Santos, following a request from Angolan authorities for international cooperation. In December, an Angolan court froze the local assets of dos Santos, as well as those of her husband and one of her executives, after prosecutors alleged they engaged in deals with state-owned companies that led to the government incurring losses of US$1.14-billion.

    In December, an Angolan court froze the local assets of dos Santos, as well as those of her husband and one of her executives

    Dos Santos has denied any wrongdoing. Her other investments in Portugal include indirect stakes in oil company Galp Energia SGPS and engineering firm Efacec Power Solutions. In February, Abanca Corp Bancaria of Spain agreed to buy 95% of Lisbon-based lender EuroBic, in which dos Santos controls a 42.5% stake.

    The seized NOS shares won’t have rights to vote and to receive dividends, according to the filing released by Sonaecom. Sonaecom said the court’s decision “seriously harms” its own interests, even if it’s a firm that’s “completely unrelated” to the ongoing judicial process.  — Reported by Joao Lima, (c) 2020 Bloomberg LP



    Isabel dos Santos NOS
    Subscribe to TechCentral Subscribe to TechCentral
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleReserve Bank paints grim picture of 2020 economic outlook
    Next Article Tencent eyes Africa for streaming music growth

    Related Posts

    Angola eyes IPO for its biggest telecoms company

    Angola eyes IPO for its biggest telecoms company

    9 February 2024
    Ex-Angolan telecoms mogul has billions in assets frozen

    Ex-Angolan telecoms mogul has billions in assets frozen

    20 December 2023

    She was Africa’s richest woman. Then the tide turned

    23 April 2021
    Company News
    Owning the right data is the new competitive moat in AI - CallMiner

    Owning the right data is the new competitive moat in AI

    9 January 2026
    Why trust is the real currency in modern media

    Why trust is the real currency in modern media

    6 January 2026
    Why banks and insurers need a single decisioning brain as pressures collide - SAS

    Why banks and insurers need a single decisioning brain as pressures collide

    29 December 2025
    Opinion
    ANC's attack on Solly Malatsi shows how BEE dogma trumps economic reality - Duncan McLeod

    ANC’s attack on Solly Malatsi shows how BEE dogma trumps economic reality

    14 December 2025
    Netflix, Warner Bros deal raises fresh headaches for MultiChoice - Duncan McLeod

    Netflix, Warner Bros deal raises fresh headaches for MultiChoice

    5 December 2025
    BIN scans, DDoS and the next cybercrime wave hitting South Africa's banks - Entersekt Gerhard Oosthuizen

    BIN scans, DDoS and the next cybercrime wave hitting South Africa’s banks

    3 December 2025

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Silicon batteries are about to upend smartphone battery life

    Silicon batteries are about to upend smartphone battery life

    9 January 2026
    AI hardware booms at CES, but consumer adoption is uncertain

    AI hardware booms at CES, but consumer adoption is uncertain

    9 January 2026
    Major overhaul coming to Gmail

    Major overhaul coming to Gmail

    9 January 2026
    Owning the right data is the new competitive moat in AI - CallMiner

    Owning the right data is the new competitive moat in AI

    9 January 2026
    © 2009 - 2026 NewsCentral Media
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}