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Tag : June

News

US estimates £1.4 billion bill to remove Huawei, ZTE gear

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US rural telecommunications companies that rely on federal subsidies would have to spend at least $1.837 billion ($1.4bn) to remove and replace equipment from Huawei...
African News

MTN takes challenges against Ghana market regulator to Supreme Court

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MTN’s unit in Ghana said on Saturday that it had sought review from the Supreme Court after a high court this week dismissed its challenge...
Business

Oil marketers debunk NNPC’s N5.35 billion petrol subsidy payment claim

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Oil marketers have denied receiving petrol subsidy payments in June 2020 as disclosed by the Nigerian National Petroleum Corporation (NNPC) in its latest operations report....
African News

Botswana plans to add 600 MW of coal-fired and solar power by 2026

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Botswana plans to add more 600 megawatts (MW) of solar and coal-fired power in the next six years as the country looks to wean itself...
Business

NNPC: Nigeria pays $14 million for fuel in June despite subsidy removal

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Nigeria’s state oil company recorded a 5.34 billion naira ($14 million) cost for fuel in June, months after it changed its pricing method in an...
Business

South African rand dips before producer price data

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South Africa’s rand was slightly weaker early on Thursday, ahead of the release of the producer price index (PPI) which will give more clues about...
News

TikTok chief Kevin Mayer quits after less than three months

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TikTok Chief Executive Officer Kevin Mayer has left the company, less than three months after he joined the hit short video app, and U.S. General...
Business Insurance

South Africa retailers feel pain from virus pandemic

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South Africa’s retail industry is feeling the pain from the coronavirus pandemic on two fronts — store closures during lockdown and the sharply reduced purchasing...
Business

South African telco to close 128 stores, affecting 546 jobs

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South African mobile operator Cell C said on Friday it expects to close around 128 stores across the country, more than half of its retail...