Browsing: Sipho Maseko

Telkom said government is considering various options regarding its 39% stake in the fixed-line operator as it seeks to raise cash to bail out the country’s unprofitable national airline. The state’s shares in the former

The revelation on Wednesday that finance minister Malusi Gigaba is considering selling a big chunk or possibly even all of government’s 39.3% in Telkom, at face value, is fantastic news. There is absolutely no reason for government

People forget that Telkom CEO Sipho Maseko left Vodacom in 2012 under rather strange circumstances. I won’t bore you with the details. But what he has achieved at Telkom since his appointment in April 2013 has

Telkom CEO Sipho Maseko took home total pay in the 2017 financial year of R25.9m, up 78% from R14.5m a year earlier, the company’s annual report, published on Tuesday, shows. Maseko, who took the reins at Telkom

Telkom will soon have a new name. CEO Sipho Maseko is leading a major restructuring at the partly state-owned company that will result in “Telkom” becoming the consumer-facing retail telecommunications brand sitting under a new, “Remgro-style” corporate centre.

Telkom’s share price fell sharply on Thursday as investors assessed the implications of faster than expected capital expenditure and a concomitant rise in debt to sustain it. The share price fell 4,2%% to close at R67,64/share

Telkom reported stellar results on Monday, proving that privatisation is the only real option to solve the dire financial positions and the criminal lack of corporate governance at virtually all of South Africa’s state-owned enterprises. The reported results

Telkom has revealed a plan to speed up its copper-based broadband digital subscriber line network to up to 100Mbit/s. The telecommunications group’s CEO, Sipho Maseko, said at its annual