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Posts Tagged ‘Kenyan Treasury’

  • Orange Kenya CEO willing to step down

    March 28, 2012 • Mobile and Telecoms, Top StoriesComments Off on Orange Kenya CEO willing to step down

    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...

  • Orange Kenya needs $120m bailout

    March 22, 2012 • Mobile and Telecoms, Top StoriesComments Off on Orange Kenya needs $120m bailout

    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...