Less than a year after joining Telkom’s board, former Openserve CEO Alphonzo Samuels has resigned as a non-executive director. The company has also appointed two new directors.
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Telkom has made several new appointments to various board committees following the announcement of the retirement of directors Santie Botha and Khanyisile Kweyama.
Santie Botha and Khanyisile Kweyama are stepping down from the board of Telkom, while Alphonzo Samuels will join the board along with Herman Singh.
Telkom Group CEO Sipho Maseko has taken a haircut to his remuneration in the 2020 financial year after no short-term incentives were paid to executive directors.
Long-serving Telkom executive Alphonzo Samuels will retire at the end of March 2020, the company said on Wednesday.
Telkom CEO Sipho Maseko earned total remuneration of R23.2-million in the 2019 financial year, down from R27.2-million in 2018, mainly as a result of fewer shares that vested to him in the period.
The cut-off low pressure system that brought floods to KwaZulu-Natal this week has wreaked havoc on Openserve’s infrastructure in the region, the Telkom-owned company said on Wednesday.
Telkom CEO Sipho Maseko earned total remuneration of R27.2-million in the 2018 financial year to 31 March, up from R25.9-million a year ago.
In a full-page, paid-for open letter in the Sunday Times, addressed to “the political leaders of South Africa”, Telkom CEO Sipho Maseko implored the politicians to have a national conversation about the importance of ICT
Telkom is giving serious thought to switching off its 2G network to focus on 3G and 4G/LTE – and later 5G – in the process freeing up spectrum for data-led mobile offerings. That’s the word from CEO Sipho Maseko, who was