Helios Towers Africa plans to invest as much as USD 100mn over five years in Tanzania, The Citizen daily reported. This will be in addition to the USD 130mn the company spent on the acquisition of 1,180 towers from Millicom's subsidiary Tigo Tanzania in December, Helios Towers Africa CEO, Charles Green, was quoted as saying. According to the executive, Helios has held talks with other operators about collocating its towers in Tanzania and could add investment to acquire or build additional sites to expand its network. Earlier this month, Tanzania's telecoms regulator licensed Helios Towers Africa to run mobile phone towers in the country. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more