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Vodacom Tanzania, authorities settle charges against CEO, employees

DAR ES SALAAM, April 11 (Reuters) - Vodacom Tanzania has agreed terms for the release of its chief executive and four other employees following their arrests last week, it said on Thursday, including a 5.28 billion shilling ($2.29 million) payment to the government.

Last week, Tanzanian authorities charged the managing director of Vodacom Tanzania Hisham Hendi and other telecom executives with economic crimes. ($1 = 2,310.0000 Tanzanian shillings) (Reporting by Fumbuka Ng'wanakilala; Editing by Jan Harvey)

First Published: 2019-04-11 14:11:16
Updated 2019-04-11 14:31:43

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