Skip to main content

South Sudan

In South Sudan

MTN lays off staff as economic crisis bites

Corporate services head Khumbulani Dhlomo said the company had reduced foreign staff numbers by 75 percent and would cut 55 percent of local staff, without giving exact figures.

 A worker sweeps past an outlet of South Africa's MTN Group in Johannesburg, February 23, 2016.

MTN South Sudan, one of the country's biggest telecoms operators, is cutting dozens of jobs and cancelling expansion projects such as the construction of new cellular sites due to an economic crisis, it said on Tuesday.
The world's newest nation plunged into civil war in late 2013 when a political crisis provoked fighting between forces loyal to President Salva Kiir and rebels allied with his former deputy, Riek Machar.
The firm, a unit of South Africa's MTN, is the latest among foreign firms to reduce operations after a currency devaluation, spiralling inflation and lower revenue from oil on a drop in production and weak global crude prices.
Corporate services head Khumbulani Dhlomo said the company had reduced foreign staff numbers by 75 percent and would cut 55 percent of local staff, without giving exact figures.
Dhlomo said subscriber numbers had dropped by 10 percent since October last year, and the company was expecting more losses this year.
MTN South Sudan had scrapped plans to put up 40 new cellular transmission towers and 100 third generation (3G) transmission sites, he said.
"If the economy continues it's downward trend, MTN may be forced to close," Dhlomo said.

Comments

Post a Comment

Popular posts from this blog

Chelsea news

Chelsea news: Antonio Conte’s men shouldn't worry about beating Atletico Madrid - Lampard CHELSEA have to remember they don’t need to beat Atletico Madrid. Those are the thoughts of Blues legend Frank Lampard. After thrashing Qarabag on matchday 1, Chelsea travel to face La Liga giants Atletico Madrid in their second Champions League group game on Wednesday (7.45pm). Antonio Conte ’s men have hit their stride in the Premier League and swept aside Stoke 4-0 at the bet365 Stadium in their last outing. Lampard, who was part of the Champions League winning side in 2012, insists his former club don’t need to get a victory against Atletico. Morata and Hazard look sharp in training as Chelsea prepare for Atletico Madrid clash “Chelsea should remember they don’t have to win the game,” Lampard told the   London Evening Standard . “If they come away with a draw they will be happy and it will set them up for the Manchester City match. “I expect Atletico will press high ...
Post a Comment
Read more
rudeboypsquare ALL YOU ALL WANT IS PSQUARE ALL I WANT IS FAMILY,LOVE AND CARE. PAUL OKOYE POURS OUT HIS MIND ON IG rudebo y psquare All you all want is psquare ,...all I want is family, love and care!!! Social media is the new root of all evil!! There's family before Psquare and there will always be family after PSquare ....Jude was only a scape goat and a victim .The person who has been keeping us together for all these years,..the truth is peter and Paul have issues!.For the first time I decided to do something outside Psquare ,and that is the case study here.I have always supported my brother 100% from His personal endorsements to dance with Peter which some re still on my I.g... Now I have just 3 questions....Why is it that these things are happening immediately I realized muno's singles under rudeboy Recordz. no.2 .. How come after jude stopped managing psquare for over a month now, the problem st...
Post a Comment
Read more

Why Obama went to a ballgame in Cuba after the Brussels attacks

(CNN) As the Brussels attacks jarred Europe and sent shockwaves through U.S. politics, President Barack Obama stuck to his agenda: a speech to the Cuban people and a baseball game. Critics such as Republican presidential candidate John Kasich railed at Obama for failing to return to the U.S. immediately. But the President argued that sticking to his schedule denied terrorists any victory in their goal of upending daily life. "The whole premise of terrorism is to try to disrupt people's ordinary lives," Obama said Tuesday in Havana when asked if he had second thoughts about attending the game between the Tampa Bay Rays and the Cuban national team. The clashing approaches offer a window into the president's worldview -- his desire to emphasize long-term interests over short-term emergencies and project calm at a time of high public concern. It's a dynamic that has sometimes caused him problems, leaving aides concerned that Obama's cool ...
Post a Comment
Read more