Telkom’s annual general meeting got off to a bang on Friday after controversial former chairman Jeff Molobela withdrew his bid to be re-elected as the director, accusing the company’s board of violating due process. The move comes after Telkom’s board took the unusual step of
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In an effort to arrest declining revenues and remain competitive, Telkom is slashing costs wherever possible, including cancelling newspaper and magazine subscriptions, scrapping its “gift and flower policy”, doing away with bottled water and water coolers and limiting staff travel costs.
The Communication Workers Union and the South African Postal Workers Union said on Monday they had declared a wage dispute with the post office. “The company is claiming to have suffered losses of R178m, hence it could not meet the salary demands of 10% and other
Telkom’s group CEO, Sipho Maseko, met with trade union representatives on Monday to discuss the company’s future and turnaround plans. A union official present at the meeting says Maseko told them that how the company behaves over the next couple of years will determine its future
Screamer Telecommunications, which is accused using spectrum in the 2,6GHz band without a spectrum licence, has pleaded innocence, with its lawyers arguing on Wednesday that a contract between it and signal distribution company Sentech entitled it to use the spectrum in question and that the real question
Power utility Eskom said on Tuesday it had met its winter electricity demand and urged South Africans to save electricity during summer. “This winter was different, in that long-duration generation maintenance was planned to be done and was implemented,” Eskom CEO Brian Dames said in releasing
The SABC was dealt a blow on Tuesday when it received a disclaimer of opinion for the 2012/2013 financial year, the worst audit opinion, from the auditor-general. A disclaimer is issued if the AG cannot form an opinion and thus declines to present an opinion on an entity’s financial statements
South Africa’s hard-working new communications minister, Yunus Carrim, is tackling the challenges in his portfolio with such gusto that he appears to have taken many industry players by surprise. I had the opportunity twice this past week to watch Carrim in action
Soon the Nokia name will vanish from high-end devices. Nokia has sold the Lumia and Asha trademarks to Microsoft as part of their €5,4bn deal, announced on Tuesday, but Nokia’s name will vanish from smartphones. Curiously, Microsoft will continue
Telkom’s general executive for regulatory affairs has resigned. Staff were informed on Monday that Andrew Barendse was leaving the telecommunications group. Barendse’s resignation comes just weeks after TechCentral revealed that newly appointed Telkom group CEO Sipho Maseko