More details have emerged about why the National Prosecuting Authority (NPA) withdrew car fraud charges against Telkom CEO Sipho Maseko on Friday. On Friday, Bloomberg reported that the
Browsing: Sipho Maseko
Sipho Maseko is off the hook over charges that he drove a car with falsified number plates. Bloomberg reported on Friday that the state has dropped charges against the Telkom CEO after he appeared in a magistrate’s court in Johannesburg. It’s not clear why
Telkom CEO Sipho Maseko has welcomed a decision to drop car fraud charges against him. He faced fraud charges for allegedly driving a car with false number plates. Another driver, who bought a car previously owned by Maseko, allegedly received
Telkom will not again structure a contract with an exit package as generous as the one paid to former chief financial officer Jacques Schindehütte, board chairman Jabu Mabuza has vowed. TechCentral revealed in July that Telkom had paid
Cell C parent Oger Telecom has received offers to buy its controlling 75% stake in the South African mobile telecommunications operator from six groups, it was reported on Wednesday. Business Day quoted Oger Telecom chief legal officer and
Telkom’s share price sank by 6,4% on Monday after the company announced it would no longer pursue a deal with rival MTN. This came after the Competition Commission said it would not support the transaction. As investors fretted about the impact
Telkom CEO Sipho Maseko has reportedly said that at the right price, the company would consider an offer to buy mobile network operator Cell C. This is according to Reuters, which quotes Maseko as saying that Cell C is an “interesting proposition”
The terms that the Competition Tribunal has imposed on Telkom and Business Connexion (BCX) over their impending merger are not an “undue burden” and the parties were happy to accept them
The Competition Tribunal has approved Telkom’s R2,7bn acquisition of IT services group Business Connexion, paving the way for the deal to be consummated, albeit with conditions attached. It’s a case of second time lucky for Telkom, whose previous attempt
A sense of doom and gloom seems to be settling over South Africa’s information and communications technology industry. Some of the pessimism is inherited from the deep structural problems afflicting