Telkom is expected to take a big hit to earnings as the result of staff reduction costs, with headline earnings per share set to fall by between 40% and 50% for the year ended 31 March 2016. Basic earnings per share are expected to
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Mobile telecommunications helped offset pressures in other areas of Telkom’s business in the third quarter ended 31 December 2015, the company told investors on Monday in a trading and operational update. However, profitability in mobile will take longer
Telkom CEO Sipho Maseko has succeeded where none of his predecessors could. Reuben September, Jeffrey Hedberg and Pinky Moholi all tried … or at least they talked tough. Since Maseko’s appointment in April 2013, Telkom has shed a third of its permanent employees, with
IT services company Business Connexion (BCX) has acquired ANCO-IT, a specialist provider of Oracle business solutions, for an undisclosed sum. BCX CEO Isaac Mophatlane said the
Two years ago, we set out on a journey to transform Telkom, to turn the company around and to place it on a path to long-term growth and sustainability. Very little about the last two years has been easy
The 24th of August 2015 marked an historic day in the history of Business Connexion as the company delisted from the JSE following the successful acquisition by Telkom and after trading for more than 11 years as an independent listed company. The journey for my 23-year-old
Technology and services company Dell has appointed Douglas Woolley as GM of its South African business, replacing the long-serving Stewart van Graan, who is moving into an expanded role as enterprise solutions GM for emerging markets in Europe, the Middle East
Game ranging and IT are disciplines that couldn’t be more removed from one another. Yet it’s a former game ranger and former prospective farmer that Dimension Data has hired as the new CEO of its key Africa and Middle East operation. And the new man in the hot
Finally, there’s a move to try to do something about the dysfunction crippling the department of telecommunications & postal services. The mess at the department has become a barrier blocking the development of South Africa’s information and
Telkom has received the go-ahead from the Takeover Regulation Panel and the JSE for its R2,7bn all-cash acquisition of IT services group Business Connexion (BCX), meaning it has now received all of the necessary regulatory approvals. The news comes in the