Now Telkom CFO buys shares

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Telkom chief financial officer Jacques Schindehütte has joined the company’s CEO, Sipho Maseko, and chairman, Jabu Mabuza, in snapping up shares in the telecommunications operator. The company notified shareholders on Friday that Schindehütte had bought

Cell C dodges sanctions bullet

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The directorate of the Advertising Standards Authority has found in MTN’s favour in a complaint about advertisements by rival Cell C that the larger operator said were disparaging towards its brand. The campaign in question involves Cell C’s 99 Cents for Real radio and

Residents do battle over cellular masts

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From the Northcliff water tower, you have a 360-degree view of ­Johannesburg. On a clear day, you can see all the way out to the Magaliesberg. The skyline landmark teeters on what was once called Aasvöelkop, the ridge where Matabeleland founder Mzilikazi stood before he headed north to Zimbabwe

Uncapped broadband for R20/month: Microsoft

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Microsoft believes it can use television white-spaces spectrum – gaps in broadcasting frequencies – to deliver uncapped broadband Internet access to South Africans for between R20/month and R50/month. Microsoft South Africa MD Mteto Nyati says the US-headquartered

Solidarity: Telkom CEO is ‘lying’

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Telkom and Solidarity appear headed for a showdown after the union accused the telecommunications operator’s CEO, Sipho Maseko, of “lying” when he said at a press conference on Thursday that Solidarity and another union, the South African Communications Union, were close to a wage

Telkom claims closure with labour

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The Communication Workers Union has reached a settlement with Telkom in the long-running wage dispute between the operator and trade unions. The CWU has accepted Telkom’s three-year wage offer. The other unions embroiled in the dispute have yet to sign, but Telkom says it expects them to do so shortly

‘Telkom must balance interests’ – Carrim

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Newly appointed communications minister Yunus Carrim has said that Telkom must balance the interests of all of its shareholders, including government. He made the remarks in statement following a meeting on Thursday with Telkom CEO Sipho Maseko and chairman Jabu Mabuza. Deputy

Broadband: what would Malema do?

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The Economic Freedom Fighters (EFF), led by former ANC Youth League leader Julius Malema, has published its founding manifesto ahead of national elections in 2014 that it is expected it will contest. The radically left-wing manifesto, which calls for the

Tutu gets smart ID card

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Archbishop emeritus Desmond Tutu was elated to receive his ID smartcard on Thursday morning. Home affairs minister Naledi Pandor handed the card to him in an envelope outside the Desmond and Leah Tutu Legacy Foundation building in Cape Town. Wearing warm