Neotel CEO Sunil Joshi and chief financial officer Steven Whiley have been placed on “special leave” pending an investigation into alleged bribery and corruption at the telecommunications operator
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Telkom’s share price has leapt by almost 8% to R61,48 after it provided a positive quarterly update for the three months ended 30 June 2015. The quarter is the first of Telkom’s financial year, which ends in March. It said that in the three months
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
Telkom on Thursday confirmed that almost 2 400 employees’ applications for voluntary severance and early retirement packages have been accepted by the telecommunications operator. Most of these employees will leave Telkom today, Friday. A total of 2 393 people
Nearly 2 400 employees’ applications for voluntary severance packages have been accepted by telecommunications operator Telkom, a trade union said on Thursday. According to Solidarity
Independent telecommunications provider SkyWire Technologies, which traditionally has focused on the wholesale and business markets, is making its first foray into consumer broadband
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
Telecommunications player Huge Group is considering as many as three acquisitions, with one of them potentially worth as much as US$100m (more than R1,2bn), as it seeks to play a leading role in the consolidation of the industry in South Africa. The company has
Sam Vilakazi has become the third deputy director-general at the department of telecommunications & postal services to leave this year, spokesman Siya Qoza confirmed on Thursday. Qoza said Vilakazi has resigned to take up a senior position at a state-owned