Browsing: Cell C
A man who ripped off equipment from mobile phone base stations in the Western Cape has been sentenced to 500 years in prison, though he will spend no more than 13 years behind bars in practice.
Cell C’s planned recapitalisation remains the subject of discussions with potential investors, despite a plan, announced last month, to retrench almost 40% of its workforce.
South Africa’s unemployment rate hit a record high in the first quarter of this year as key sectors including agriculture shed jobs, data showed on Tuesday.
The Competition Commission on Thursday said it has given its conditional approval for an entity called Gatsby SPV to acquire “certain aspects” of Cell C.