Global telecoms giantTata Communications is set to increase its investments in Africato capitalise on the arrival of new submarine data cables. CEO SrinathNarasimhan said the launch of the West African Cable System - a high-speedcommunications cable running from SA to the UK that is expected to becomeoperational next year - would lead to Tata opening up more opportunities on thewest coast of Africa. The company has made few significant investments on thecontinent beyond a 56% stake in SAs fixed-line operator Neotel. Narisimhansaid the infrastructure isnt yet in place to deliver a full portfolio ofservices in West Africa but that would beresolved once the WACS cable comes into operation.
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