Telkom has paid out R1,1bn in voluntary early retirement and severance packages, according to the company’s quarterly report. On Friday, the company released an operational update for the quarter ended 30 June 2015. The operational update was released on
Author: Agency Staff
The man tasked with turning around the beleaguered South African Post Office has been given another extended term by government. The Post Office was put under administration in November last year after a protracted four-month illegal
Broadband roll-out programmes won’t be affected by several key staff having exited the department of telecommunications & postal services, says a spokesman. The Democratic Alliance said on Thursday that the
Telkom CEO Sipho Maseko has said smaller fibre providers are placing “relentless pressure” on the company’s wholesale and networks unit. This is according to an excerpt from Maseko’s strategic review in Telkom’s annual report for 2015, which
A support group for victims of apartheid on Tuesday called on Media24 and Naspers to create a fund for victims of gross human rights violations after the media company apologised for its role in apartheid on Saturday
Citing tough market conditions, cellphone giant MTN has confirmed its withdrawal as headline sponsor of the MTN-Qhubeka cycling team. MTN had spent in the region of R100m on the team since 2013. The South African outfit
The Gauteng education department says that although it is disappointed by the theft of e-learning equipment at Phafogang Secondary School in Rockville, the incident will not deter it from delivering quality education to pupils. The equipment and LED screens
A multimillion-rand payment made to Telkom’s previously suspended chief financial officer Jacques Schindehütte has trade union Solidarity up in arms. Top executives at Telkom have seen pay hikes at the company despite the telecommunication giant’s
Controversial child visa laws in South Africa have not hurt fast-growing Internet accommodation sharing service Airbnb’s business in the country. This is according to Airbnb’s GM for the Middle East and Africa, Nicola D’Elia. In June
Internet accommodation sharing service Airbnb has played down fears that regulation could impact its business in South Africa similar to that experienced by Uber. Ride-sharing service Uber has come under regulatory pressure in South Africa