Wednesday, January 15, 2025
No menu items!
type here...

bailout

Mobile and Telecoms

Orange Kenya CEO willing to step down

Staff Writer -
Orange Kenya CEO Mickael Ghossein said he would step down at the Kenyan Treasury’s request, but said no such request had been made. Ghossein’s comments come after the government demanded more representation within the company's management as a precondition for additional...
Mobile and Telecoms

Telkom Kenya denies bailout claims

Staff Writer -
Less than a week after Telkom Kenya reportedly was in need of a massive government bailout to save the company, top officials are now denying these claims. According to Telkom Kenya Chairman Eddy Njoroge, who on Monday and Tuesday dispelled...
Mobile and Telecoms

Orange Kenya needs $120m bailout

Staff Writer -
Telecom operator Orange Kenya has asked the government for a KES 10 billion ($120 million) bailout, news reports revealed on Wednesday. The move comes as the company continues to incur massive debts following its 2007 buyout by France Telecom. Orange made a...
Mobile and Telecoms

Bail out struggling telecom operators, Nigerian govt urged

Staff Writer -
THE president of the Association of Licensed Telecommunications Operators of Nigeria has called on the federal government to bail out the Code Division Multiple Access telecoms operators in the country. Gbenga Adebayo, who spoke against the huge decline in...
- Advertisement -spot_img

Latest News

Artificial IntelligenceMamsi Nkosi -

How Can South African Banks Leverage Generative AI for Growth?

The global banking landscape is experiencing seismic shifts, driven by the rapid advancement of technology and evolving consumer expectations....
- Advertisement -spot_img