Thursday, March 12, 2026
33.5 C
Lagos

MTN to Sack Hundreds over Prolonged Strike

Africa’s biggest mobile operator MTN, which is grappling with an eight-week strike at its South African operations, plans to cut hundreds of jobs, a local newspaper said on Monday.

Citing unnamed sources close to the company, the Business Report newspaper said MTN would go through with layoffs as the strike had shown the company could do without some of its workforce.

A spokesman for MTN declined to comment on the report, saying the company was in a closed period.

Job cuts are a thorny issue in South Africa, where often violent union militancy has been on the rise and the unemployment rate is over 25 percent.

The chief executive of MTN’s South African unit resigned earlier this month as the strike by 2,000 workers drags on.

spot_img
spot_img
spot_img

Hot this week

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Union Bank of Nigeria Marks Int Women’s Month 2026 with Inclusion-First “Give to Gain” Campaign

L-R: Chief Talent Officer, Union Bank of Nigeria, Omayuli...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

Topics

Experts to Lead ITU Telecom World Forum

Speakers from governments and industry from around the world...

Global Travel Industry Sees Optimism in Post-Covid 19 Recovery

The International Air Transport Association (IATA) and Tourism Economics...

Africa Bribery Case: U.S. Firm, Och-Ziff to Pay $412m Fine

Leading US hedge fund, Och-Ziff has been ordered to...

Harrison Ford: ‘Climate Change is Greatest Moral Crisis of Our Time’

Actor and conservationist, Harrison Ford said climate change presents...

Africa: Closing Gap Between Strategy & Execution

Most major corporations struggle with developing a business strategy...

Top 5 Business Risks for West Africa in 2018

As Nigeria exits the recession of 2017, investor sentiment...

Unity Bank Posts N27B Gross Earnings in H1’22, Records 23% Growth in PAT

From left: Dr Oluwafunsho Obasanjo, Non-Executive Director; Mr. Alaba...

Sovereign Trust Insurance Partners Rotary Club on Project Wash

Sovereign Trust Insurance Plc in collaboration with Rotary Club...
spot_img

Related Articles

Popular Categories

spot_imgspot_img