Former Telkom chief financial officer Jacques Schindehütte was paid R18,8m in the company’s 2015 financial year, despite leaving its employ last August, just five months into 2015 reporting period. In the year ended 31 March 2015, during which time
Author: Duncan McLeod
Fast-growing online lodging service Airbnb has outlined plans to expand its presence in South Africa. The company’s CEO, Brian Chesky, who was in Johannesburg on Monday, said South Africa is
Just when everyone thought the price war among Internet service providers had petered out, MWeb, one of South Africa’s largest service providers, has chopped the price of five of its capped broadband ADSL products and nine of its fibre-to-the-home
Vodacom chief financial officer Ivan Dittrich has resigned, three years after leaving technology group Datatec to take on the role. He will leave the mobile telecommunications group at the end of July and will be succeeded by Till Streichert from 1 August. Streichert
Radically improving MTN’s customer service, aggressively growing the company’s top line – in part by taking market share from bigger rival Vodacom – expanding into business services, and building
Despite union objections, Telkom has announced it is extending voluntary severance and early retirement packages to all employees, including those that belong to trade unions. The decision to offer packages to all staff, included unionised
If Vodacom is allowed access to Neotel’s radio frequency spectrum assets, it will give the mobile operator an “unfair advantage” over MTN and other players in the telecommunications industry
Advtech has rejected rival Curro’s newest “offer”, telling its rival that its latest correspondence has not changed materially from a previous approach and therefore doesn’t warrant further consideration
South Africa’s telecommunications industry will grow at a compound annual rate of just 1,4% over the next five years, meaning that in real terms – adjusted for inflation – the sector is shrinking. But
Altron has decided to sell its poorly performing video-on-demand platform, the Altech Node, and is in the advanced stages of discussions with an unnamed third party to dispose of the product. Altron subsidiary Altech launched the Node