President Cyril Ramaphosa has directed the Special Investing Unit to probe various dealings that took place at Telkom going as far back as June 2006.
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Sipho Maseko is Telkom’s new group CEO and will take over from outgoing CEO Nombulelo Moholi next week, TechCentral has been told by three separate sources with ties to the telecommunications operator. An announcement about his appointment may be made as soon as this afternoon
Telkom’s share price continues to trade at near to all-time record lows as a lack of clarity from government on its plans for the company and uncertainty about who will take over from outgoing CEO Nombulelo Moholi continue to cloud the outlook for investors. Moholi
Telkom CEO Nombulelo Moholi admitted that the telecommunications group had made a hash of its investments elsewhere in Africa. “A lot of the investments we made we shouldn’t have made,” she told analysts and journalists in Rosebank, Johannesburg
Telkom has embarked on a multibillion-rand refresh of its access network into homes and businesses. Investors will probably decry the cost of taking fibre-optic infrastructure closer to and even into homes, but group CEO Nombulelo Moholi is at least leading the fixed-line operator in the right direction
SA’s most important telecommunications operator has been abused for years. Telkom has been fraught with political infighting and plagued by shocking management decisions. Now, finally, indications are new CEO Nombulelo Moholi is
Newly appointed Telkom group chief financial officer Jacques Schindehütte has promised to work with CEO Nombulelo Moholi to bring stability to the management team at the partially privatised telecommunications operator. The leadership
Telkom should know the name of its new CEO today, with the telecommunications group expected to make the formal announcement sometime in the morning. It’s widely anticipated
Telkom’s board is widely expected to appoint Nombulelo “Pinky” Moholi, MD of its SA operation, as its new group CEO, a move analysts say is great news for the partially state-owned fixed-line telecommunications
Things have gone awry at Telkom. It’s already facing a growing barrage of lawsuits and competition complaints, and anonymous dossiers leaked to the media in recent weeks suggest a deeper malaise. Can the group be fixed?