Serame Taukobong has been appointed as Telkom’s group CEO-designate and will replace Sipho Maseko, who has led the company for the past eight years, in mid-2022.
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Telkom on Thursday rubbished market talk that it plans to do a right issue to fund its participation in the upcoming spectrum auction to be led by communications regulator Icasa.
Long-serving Telkom chairman Jabu Mabuza is stepping down from the JSE-listed telecommunications board at the end of May, more than seven years after he assumed the role.