Investors in Telkom gave its shares a dressing down on Tuesday in the wake of continued plans by the government to sell part of its shares in the fixed-line group to fund the bail out of cash-strapped South African
Browsing: Sipho Maseko
It’s ironic that the two keynote addresses (from both government and Telkom) on the first day of the operator’s Southern Africa Telecommunication Networks and Applications Conference
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 has for the first time disclosed the number of subscribers on its FreeMe data-focused contract packages. In its annual report, published on Tuesday, the operator said that of its post-paid subscribers
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