MultiChoice starts BEE restructuring ahead of Canal+ deal

MultiChoice starts BEE restructuring ahead of Canal+ deal

Inside the MultiChoice City building in Randburg, Johannesburg. MultiChoice, which is being bought by Canal+ in a $3 billion deal, has received all the approvals it needs to restructure the company, ensuring the new entity has empowerment shareholders. The purchase amount currently equates to R52.2 billion, based on this morning’s exchange rate of R17.36. In…

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Africa: Staff Union Dismisses UN Restructuring As ‘Chaotic, Incoherent, Rushed & Lacking Strategy’

Africa: Staff Union Dismisses UN Restructuring As ‘Chaotic, Incoherent, Rushed & Lacking Strategy’

United Nations — A coalition of UN staff unions, led by the 60,000-strong Coordinating Committee of International Staff Unions and Associations (CCISUA), has written to UN member states criticizing the UN80 reform process as “incoherent and lacking strategy”. The union, one of the largest single coalitions in the world body, is asking the 193 member…

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