Telkom group CEO Serame Taukobong tells the TechCentral Show why the company doesn’t need a “knight in shining armour”.
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A Cameroon court has ordered banks used by MTN Group to transfer its funds into escrow over a dispute it says it has nothing to do with.
In the past six months alone, at least 1 800 batteries – costing on average about R250 000 each – have been stolen.
Telkom CEO Serame Taukobong said his company does not need saving, even as suitors begin lining up.
MTN Group on Tuesday hinted strongly that it remains interested in buying Telkom.
Telkom jumped as much as 12% after confirming it received a bid for a controlling stake from a consortium that includes its former CEO.
But the former telecommunications monopoly faces huge challenges if it hopes to remain a significant market player.
Icasa said it will soon publish a request for proposals to appoint a consultant to assist with its next broadband spectrum auction.
MTN South Africa is actively investigating off-grid renewable energy alternatives, including windmill-powered base stations.
President Cyril Ramaphosa met with business leaders as concern over South Africa’s multiple crises grows.