The Hustler’s Digest – Vodafone Exits Cameroon’s Telco Sector the Hard Way

Vodafone exits Cameroon's Telco Sector the Hard Way
Cameroon's most recent internet-based telco player finally packs out

Africa

Accra Brewery investing in a growing world

Accra Brewery Limited (ABL) has donated 20 cartons of each of the brands it produces towards the 33rd National Farmers Day celebration. Brands in the package comprised CLUB Premium Lager, CLUB Shandy, Eagle Lager, Castle Milk Stout, Chairman Bitters, and non-alcoholic beverage, Beta Malt. This reinforces the company’s promise to investing in a Growing World where everyone has the chance to advance their livelihood.

President Kagame and Tony Elumelu to lead Young Entrepreneurship Day

The Young Entrepreneurship Day (YED) at the Africa 2017 Forum, has been designed to connect some of Africa’s most promising entrepreneurs. The likes of HE Paul Kagame, President of Rwanda and Tony Elumelu, Founder of the $100m Entrepreneurship Programme will be headlining the event. They will both be sharing insightful information on entrepreneurship from their perspectives.

Politicians steal U.S. $50 billion yearly from Africa, Obasanjo alleges

Former President Olusegun Obasanjo during the maiden yearly anti-fraud conference in Nigeria lamented about smuggling and fraud in the continent. In effect, he said that over $50 billion is being stolen and smuggled from Africa to other countries yearly by political leaders and businessmen as well as other key players in both public and private sectors.

Cameroon

Artisanal gold miners stormed the four gold mines discovered at Eséka

Foreign and local gold miners have been storming Eséka recently, a district in central Cameroon since three months. This is due to the discovery of four gold mines in the locality. It is estimated that about one thousand artisanal miners invaded the mines.  However, local authorities took some measures to prohibit artisanal mining and encourage the public to form Common Initiative Groups for an efficient mining.

Vodafone Cameroon ceases operations

Some three months ago, the internet telecom firm announced it will extend its services to rest of the country. Internet users felt excited as they will benefit from its quality service. Until recently, that excitement turned into sadness. The company concluded they were no longer commercially feasible to recommence services in Cameroon. This decision didn’t come as a surprise at all.

Vodafone has suffered from various obscurities they faced at the start. Their license was withdrawn, their services suspended, then blackouts. After a fierce court case against the telco, Vodafone decided it was time to call it quit in Cameroon. They apologize to customers as they roll out.

Heavy militarization of Bamenda following death of two gendarme officers

Both David Salle and Rene Hinma, gendarme officers stationed in Bamenda were fatally murdered in the town recently. The murderers who are on the run are alledged to be “Anglophone activists”. Meanwhile in the main time, orders have been issued by the administration to heavily militarize the chief town and capital of the North West Region.

World

Uber loses court appeal against drivers’ rights

The Employment Tribunal upheld its original decision that any Uber driver who had the Uber app switched on was working for the company under a “worker” contract. But the Taxi-hailing app firm Uber would not abide. In effect, they lost the appeal against a ruling that its drivers should be treated as workers rather than self-employed. Due to this, Uber has faced regulatory and legal setbacks in a host of cities around the world. For instance, in London, where it has the bulk of its business, it is fighting to retain its license to continue operating.

World’s biggest shipping company counts cost of cyberattack

COPENHAGEN, Denmark (AP) — The world’s biggest shipping company has reported to have lost $1.5 billion from a profit of $429 million a year earlier. In that light, the company which also produces oil, said the cyberattack in June, which mainly affected its shipping unit, Maersk Line, cost the company between $250 million and $300 million.

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