There is a bit more information about the legal proceedings initiated by Tanzania against Hisham Hendi (photo), Vodacom’s managing director.
Along with five other employees, the managing director is accused of depriving the government of more than Tsh11 billion ($4.8 million) by allowing other people to illegally use Vodacom’s telecom infrastructures. This constitutes economic sabotage.
They were arrested following a complaint submitted by the Tanzanian telecom regulator (TCRA), according to the superintendent of Dar es Salaam special zone Lazaro Mambosasa.
In a communiqué, Vodacom Tanzania ensured its clients that its managing director’s judicial troubles would have no impact on its services. It also indicates that measures have been taken for its continuous operations.
Hisham Hendi was officially appointed in March 2019 as the managing director of Vodacom Tanzania. Prior to that, he was already the interim managing director since September 1, 2018.
The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...
What seemed like a routine administrative matter has drawn Madagascar into an international controve...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...
Non-bank institutional investors, though still a minority, are increasing their presence in the West...
• Glo launched a network upgrade plan after a 50% telecom tariff hike.• It aims to add 1,000+ 4G sit...
• US reduced initial April rates (up to 50%) to 10-30% in August for some African nations, exempting minerals/oil, via negotiations to address trade...
• Presidential Decree 2019-034 transformed PAD from landlord to master developer, allowing PAD to monetise surplus plots and diversify revenue, exactly...
Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad...
Solarcentury has launched the first 25 MW phase of the Mailo solar project. Electricity is now sold on the Southern African Power Pool without a...
Christopher Nolan faces criticism for shooting scenes of The Odyssey in Dakhla, Western Sahara. FiSahara and pro-Sahrawi voices accuse the...
Garamba National Park, located in the northeastern Democratic Republic of Congo, is one of Africa’s oldest and most iconic protected areas. Established in...