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More Africa NewsAngola’s beleaguered dos Santos steps down from Unitel

August 12, 2020by myles0
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Angolan billionaire Isabel dos Santos will leave her job in the administration of telecoms operator Unitel amid ongoing tensions between board members, Portugal’s news agency Lusa reported on Tuesday.

Angolan billionaire Isabel dos Santos will leave her job in the administration of telecoms operator Unitel amid ongoing tensions between board members, Portugal’s news agency Lusa reported on Tuesday.

“After 20 years dedicated to the creation, development and success of Unitel, I chose to leave the position of member of the company’s board of directors,” dos Santos, who holds a 25% stake in Unitel, said in a statement cited by Lusa.

Dos Santos’ decision to leave her position at Unitel, which dominates Angola’s telecoms market, is related to a “climate of permanent conflict” among the company’s board of directors, she said in the same statement.

Source: Telecom Economictimes

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