Stability at board and management levels at Telkom was needed to turn the parastatal around as soon as possible, the Public Investment Corporation (PIC) said on Monday. “The PIC has noted the resignation of Telkom CEO

When Sony split from Ericsson and opted to go it alone in the mobile phone market, we hoped we’d see the Japanese electronics giant at least try to release handsets that could match what its Korean rival, Samsung Electronics, has to offer. To date

The resignation on Monday of Nombulelo Moholi has been met with dismay by industry analysts, who have praised the outgoing Telkom group CEO while at the same time expressing alarm and cautioning that government must announce its intentions for the company sooner rather

Mobile operator Cell C will launch fourth-generation (4G) mobile services based on long-term evolution (LTE) technology in Cape Town and Durban as well as other top coastal holiday resorts in December. This will be done on a trial basis ahead of a commercial launch, which

UCS Solutions, a 70%-held subsidiary of JSE-listed technology services company Business Connexion, has acquired IT management specialist Integr8 IT, part of the Integ8 Group, for a maximum purchase price of R126m. The deal

Telkom needs to find a “worthy successor” to CEO Nombulelo Moholi, trade union Solidarity said on Monday. “Moholi is one of several Telkom CEOs who have resigned over the past year and her resignation will contribute to further instability in the company,” spokesman

Telkom must be fully privatised to prevent the company from being plunged into a crisis, the DA said on Monday. “Should government persist in its naive and dangerous management of Telkom we may well soon see the company come cap-in-hand to parliament

Investors sold off Telkom shares on Monday following the resignation of group CEO Nombulelo Moholi. The share price was almost 3% lower at R17,69 in late morning trade on the JSE, after briefly changing hands at as low as R17,51. Telkom

Telkom CEO Nombulelo Moholi has resigned, becoming the latest in a long string of leaders of the telecommunications group to step down in recent years. Moholi, who is credited with building a strong management team around her and leading a project to upgrade

Deputy communications minister Stella Ndabeni-Abrahams took a stand after she learnt that her department’s director-general misled Parliament. Ndabeni-Abrahams said this week that although Rosey Sekese had told the parliamentary portfolio committee on communications