MTHO XULU, PRESIDENT OF THE SA CHAMBER OF COMMERCE
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The South African Chamber of Commerce and Industry met with Police Minister Bheki Cele and senior members of the police service earlier today, where they discussed the attacks on properties owned by foreign nationals.
MTN Group CEO Rob Shuter said even though the company faced disruptions in other markets including Nigeria, where retaliatory attacks were carried out, their biggest worry was how the developments were viewed by shareholders.
MTN is one of the South African companies at high risk as it operates in 17 countries on the continent with 200 million customers.
Multichoice was also negatively affected by the recent violence. Two of its outlets were attacked and the company was forced to shut down its operations in Nigeria. The office was reopened on Friday.
Xenophobic attacks began on September 1 in Malvern, Johannesburg, and spread to other parts of Gauteng. Shops owned by foreign nationals were the main target, but also local business fell victim to bands of aggressive looters.
The violence has brought criticism for South Africa from the rest of the continent, accusing the country of not doing enough to end the violence against African foreign nationals.
The SA government has constantly condemned the attacks and called for calm. But on Sunday another outbreak of violence, accompanied by vandalism and looting, took place in Johannesburg.
MTN Group CEO Rob Shuter said even though the company faced disruptions in other markets including Nigeria, where retaliatory attacks were carried out, their biggest worry was how the developments were viewed by shareholders.
MTN is one of the South African companies at high risk as it operates in 17 countries on the continent with 200 million customers.
Multichoice was also negatively affected by the recent violence. Two of its outlets were attacked and the company was forced to shut down its operations in Nigeria. The office was reopened on Friday.
Xenophobic attacks began on September 1 in Malvern, Johannesburg, and spread to other parts of Gauteng. Shops owned by foreign nationals were the main target, but also local business fell victim to bands of aggressive looters.
The violence has brought criticism for South Africa from the rest of the continent, accusing the country of not doing enough to end the violence against African foreign nationals.
The SA government has constantly condemned the attacks and called for calm. But on Sunday another outbreak of violence, accompanied by vandalism and looting, took place in Johannesburg.
