Browsing: Sacu

News
Retrenchments: Telkom ‘states the facts’

Telkom has slammed trade unions for spreading disinformation about restructuring at the telecommunications operator, dismissing as “baseless” claims made this week by Solidarity and the South African Communications Union. Sacu has warned that Telkom could be planning to dismiss

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Telkom hits R50/share

The rocket that is Telkom’s share price shows no sign of running out of fuel. On Tuesday, the counter hit the R50 level for the first time in more than five years on investor optimism of a sustained turnaround. The bullishness about the company’s outlook has pushed it market capitalisation above

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Telkom rubbishes jobs bloodbath claim

Telkom has rubbished claims by a trade union that a jobs bloodbath is looming at the telecommunications operator. The South African Communications Union claimed on Monday that the company intends slashing its workforce in half – firing 9 500 of Telkom’s 19 000 employees – within the

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Telkom wage dispute resolved

Telkom has signed a settlement agreement with the South African Communications Union (Sacu), bringing an end to a wage dispute with three trade unions that began in March. CEO Sipho Maseko says he’s “very pleased” the company has reached agreement with Sacu. “Just to be very open and frank, I think there were legitimate

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Telkom implements wage agreement

Telkom has decided it will forge ahead and implement a wage agreement, despite protests Solidarity, one of three unions recognised by the telecommunications operator. Telkom has been in gridlock with two unions, Solidarity and the South African Communications Union (Sacu), for months. The Communication Workers

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Telkom hits back at Solidarity

Telkom has hit back at allegations levelled against it by Solidarity spokesman Marius Croucamp, providing information it says shows that the trade union made false statements in a media interview on Thursday. Croucamp told TechCentral that Telkom CEO Sipho

In-depth
Solidarity: Telkom CEO is ‘lying’

Telkom and Solidarity appear headed for a showdown after the union accused the telecommunications operator’s CEO, Sipho Maseko, of “lying” when he said at a press conference on Thursday that Solidarity and another union, the South African Communications Union, were close to a wage

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Telkom claims closure with labour

The Communication Workers Union has reached a settlement with Telkom in the long-running wage dispute between the operator and trade unions. The CWU has accepted Telkom’s three-year wage offer. The other unions embroiled in the dispute have yet to sign, but Telkom says it expects them to do so shortly

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Solidarity: Telkom ‘playing dirty’

Trade union Solidarity on Friday took to social media to accuse Telkom of “playing dirty” and interfering with the union’s communications with its members. “Telkom wage talks: Telkom playing dirty as Telkom is blocking union’s electronic communication to its members,” the union said through its

News
Unions reject Telkom wage offer

Telkom has failed to reach an agreement with trade unions Solidarity and the South African Communications Union (Sacu) in a long-running wage dispute. Discussions reached deadlock on Friday, making it increasingly likely that Telkom will face industrial action. The wage dispute, which