Vodacom and Telkom will complete the work they need to do for their roaming agreement by the June deadline, Vodacom Group CEO Shameel Joosub said this week.
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Vodacom cut its full-year dividend to R7.95/share for the year ended 31 March 2019, a 2.5% decline from the R8.15/share it returned to shareholders in 2018.
South African business leaders are in harmony on what the country needs after this week’s elections.
Vodacom cannot pay the “inventor” of the “please call me” service, Nkosana Makate, more money because the outcome of the deadlock-breaking mechanism is legally binding, the company said on Friday.
With Vodacom’s head office in Johannesburg set to be the site of protest action on Thursday by people supporting the operator’s ex-employee, Nkosana Makate, hot-headed politicians would be well advised to avoid inflaming tensions for political gain.
Vodacom has written a strongly worded letter to Gauteng education MEC Panyaza Lesufi telling him to dial back his criticism of the telecommunications operator over its dispute with Nkosana Makate.
Communications minister Stella Ndabeni-Abrahams has slammed Vodacom on social media, telling it to “just shut up” and “do the right thing” around the “please call me” settlement with its former employee, Nkosana Makate.
The former Vodacom employee who claims to have come up with the idea for the “please call me” service has rejected a settlement tabled by the operator’s CEO, Shameel Joosub, describing the amount offered as “shocking and an insult”.
Vodacom is paying out “reasonable compensation” to a former employee for his idea to develop a popular call-back service after a former CEO first took credit for the product.
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