Telkom and Blue Label Telecoms have settled a dispute in which the two companies were claiming billions of rand from each other following the failure of Multi-Links in Nigeria. In separate statements sent to shareholders before
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Telkom and its former subsidiary, Nigeria’s Multi-Links, have won a high court order setting aside arbitration proceedings with Blue Label Telecoms and paving the way for a bruising court battle in which Telkom is seeking $528m in damages from Blue Label. Telkom is
Telkom has accused the former MD of its international business unit, Thami Msimango, and well-known businessman Mthunzi Mdwaba of violating South Africa’s anticorruption laws over an agreement involving former subsidiary Multi-Links and JSE-listed Blue Label Telecoms. The allegations
Kelly Group came under fire at its year-end results presentation on Tuesday for not disclosing how much former director and deputy CEO Mthunzi Mdwaba was paid in a settlement. The group reported its results for the year
Recruitment and placements company Kelly Group has hit back at a weekend newspaper report that suggested it cooked its black economic empowerment (BEE) credentials. This week’s Sunday Independent quotes a report
Kelly Group’s business development director, Connie Motshumi, plans to call on the company to withdraw its fraud charges against her or risk facing legal charges of its own, a source close to the company says. The source, who has asked to remain anonymous because of the sensitive nature
A leadership tussle at recruitment and placements firm Kelly Group has escalated further with yet another executive linked to ousted deputy CEO Mthunzi Mdwaba facing disciplinary charges. Connie Motshumi, the group’s business development director
Former Kelly Group director and deputy CEO Mthunzi Mdwaba will not face a disciplinary hearing. Instead, the group has agreed to take the matter to private arbitration. A source close to Kelly and Mdwaba says the process has been anything but straightforward, adding that the disciplinary hearing, which was supposed to happen yesterday, was cancelled.
Ousted Kelly Group director Mthunzi Mdwaba will have his say at disciplinary hearing on 22 September. Until then, sources say, he has been placed on paid leave. Mdwaba was stripped of his directorship and his position as deputy CEO of the Kelly Group, a recruitment and technology training business, last week. He was also suspended from the company “pending an investigation”.
In a surprising turn of events, Kelly Group has lifted the suspension Mthunzi Mdwaba. Less than a week after Kelly stripped Mdwaba of his directorship and suspended from the company, the group’s financial director Ferdie Pieterse released a memo to staff on Friday saying the suspension had been “lifted with immediate effect pending due process”.