The total remuneration bill for Telkom’s executive and nonexecutive directors as well as its prescribed officers has declined between the 2013 and 2014, the telecommunications group’s latest annual report, published
Browsing: Motlatsi Nzeku
Telkom’s bosses received huge pay hikes in 2013, despite deepening financial woes at the telecommunications group. Former group CEO Nombulelo Moholi, who left Telkom in March, took home slightly less money than she did in the prior year – a total of R11,6m, from R12,1m before – but this
Telkom paid the controversial former MD of its international operations and subsidiaries, Motlatsi Nzeku, a R13m “retirement settlement” to leave the telecommunications operator. The figure is contained in Telkom’s 2013 annual report
Brian Armstrong is the second highest paid member of Telkom’s executive committee after CEO Nombulelo Moholi. Armstrong, who heads Telkom Business, took home R10,5m in the 2012 financial year, of which R2,8m was in the form of a guaranteed package and R6,7m was in fringe and other benefits
The MD of Telkom’s international operations and subsidiaries, Motlatsi Nzeku, is “retiring” from the telecommunications group, effective immediately.
The controversial Nzeku was fired by former Telkom Group CEO Reuben September in 2009 for allegedly leaking internal Telkom documents to a Sunday
Telkom has pulled the plug on a plan to sell the wireless division of its Nigerian subsidiary, Multi-Links, to Visafone for US$52m and will stop funding the operation with immediate effect. Liquidation may follow. The decision to
Telkom’s board is widely expected to appoint Nombulelo “Pinky” Moholi, MD of its SA operation, as its new group CEO, a move analysts say is great news for the partially state-owned fixed-line telecommunications
Telkom should know the name of its new, government-appointed nonexecutive chairman within the next 24 hours. Cabinet was due to discuss the matter