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Econet buys Neotel for R6.5 billion

By Bekithemba Ndebele Another telecomunication deal have been signed between the Tata Communications and the Liquid Telecom which its majority shares are owned by Econet Wireless Global. The Liquid Telecom agreement has been silled that the entity will buy Neotel for a payment of R6.55 billion to Tata Communications for South African Internet-service provider. Neotel is expected to create…

NUMSA to fight the levy agreements of non-party members to the bitter end

numsa-proven-right-envisage-voilent-clashes-workers-employers

By Tebogo Mhlanga The National Union Metalworkers South Africa (NUMSA) had gone on a dispute with the Metal and Engineering Industries over the extension of levy agreements on non-party members. The National Employer’s Association of South Africa (NEASA) and the South African Engineers and Founders Association (SEIFSA) had refused to agree to the extension of…

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