« Unions just jealous: Mantashe | Main | Counting on more black accountants »
November 3, 2009
MTN delays empowerment deal
MTN now plans to implement its multibillion-rand empowerment deal in the first half of 2010, after initially expecting it to go ahead earlier this year.
The company, Africa's largest cellular operator, says the deal has been delayed because of volatile market conditions. The new empowerment scheme will replace the Newshelf structure, which was wound up in May.
Posted by StaffWriter at November 3, 2009 11:26 AM