SA businesses in Africa could feel ‘heat’ of xenophobic attacks
Many around Africa have expressed outrage at the xenophobia in SA, while SA businesses operating in the rest of Africa begin to feel pressured.
South Africa’s cabinet warned on Friday that companies operating in the rest of Africa may be targeted, just as Johannesburg-based Sasol Ltd. announced it was repatriating South African employees working on projects in Mozambique for their own safety.
In Nigeria, the newly-elected All People’s Congress (APC) together with civil society handed a memorandum to the South African embassy in Lagos on Wednesday, giving the government 48 hours to stop the violence, or else South African businesses in Nigeria would be shut down.
It puts businesses such as MTN, Shoprite, Pick n Pay and Multichoice in a tight spot, as their African operations contribute significantly to company revenues.
It puts businesses such as MTN, Shoprite, Pick n Pay and Multichoice in a tight spot, as their African operations contribute significantly to company revenues.
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