Browsing: Deon Fredericks

News
Telkom gets a new CFO

Tsholofelo Molefe will take over as Telkom’s group chief financial officer on 1 July, replacing long-serving company executive Deon Fredericks, who moves into the newly created role of chief investment officer

News
Telkom bosses get millions more

Telkom CEO Sipho Maseko took home total pay in the 2017 financial year of R25.9m, up 78% from R14.5m a year earlier, the company’s annual report, published on Tuesday, shows. Maseko, who took the reins at Telkom

News
Too early to speculate on job cuts: Telkom

Telkom has sought to play down a report published on Monday that suggested it plans to slash its workforce by more than 40% in the coming months. Bloomberg reported that Telkom wants to cut its workforce to

News
Telkom eyes further outsourcing

Telkom had 14 212 employees at the end of September 2015, down from 21 800 in March 2013. However, further reductions in head count, including through “residual outsourcing”, are

News
Union lashes Telkom over ex-CFO millions

A multimillion-rand payment made to Telkom’s previously suspended chief financial officer Jacques Schindehütte has trade union Solidarity up in arms. Top executives at Telkom have seen pay hikes at the company despite the telecommunication giant’s

News
What Telkom’s top brass earns

Executives at Telkom are taking home higher pay, while its lower level employees face job cuts and possible salary freezes. For the financial year to 31 March 2015, CEO Sipho Maseko’s total remuneration jumped to R12,3m from R11,7m in 2014, according to

In-depth
Fears over slump in Telkom spending

Telkom has denied that it is underinvesting in its network after the company revealed on Monday that its capital expenditure in the six months to 30 September 2014 fell sharply, with capex-to-revenue coming in well below guidance provided previously. This fall in capex prompted analysts on Monday

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