Telkom’s chairman, Jabu Mabuza, has used the telecommunications operator’s annual general meeting to defend the board’s handling of the suspension and exit of its former chief financial officer Jacques Schindehütte. Schindehütte retired from the
Browsing: Sipho Maseko
Telkom, for many years shunned by both institutional and retail investors, appears to have shed its poor image in the investment community, with the market rushing to snap up its shares on the expectation of a significant turnaround in its fortunes. The share price was trading up by more than 6% in lunchtime trading on the JSE on Tuesday
The disciplinary hearing involving suspended Telkom chief financial officer, Jacques Schindehütte will resume on 6 August 2014. The company said in a statement that this follows a long adjournment agreed to by both parties
The total remuneration bill for Telkom’s executive and nonexecutive directors as well as its prescribed officers has declined between the 2013 and 2014, the telecommunications group’s latest annual report, published
Telkom CEO Sipho Maseko is under investigation after being implicated in an alleged car licensing cloning case, the City of Johannesburg said on Friday. “Whatever is happening in terms of allegations about him [Maseko] being on the wrong side of the law is being investigated by the Johannesburg metro police department
Banking systems have not typically made for riveting conversation outside of business IT circles. Today, however, banks, including those in South Africa, are doing some of the coolest things in the technology field. Nedbank’s low-slung building at the top of Katherine Street in Sandton has been the company’s technology and operations
Solidarity intends using social media and court action to stop what it says are race-based retrenchments at Telkom, the trade union said on Tuesday. “In terms of legislation, race may not be used as a criterion during a retrenchment process,” deputy general secretary Johan Kruger said in a statement
South Africans love to complain about Telkom. It’s been a national pastime for years. The customer service problems associated with the fixed-line operator are the stuff of legend – and nightmare. So, when Telkom’s CEO, Sipho Maseko, steps up to the plate and promises to fix these deep-seated
The ongoing decline in the number of fixed lines in service in South Africa, a trend that has been evident for more than a decade now, is a “big concern” for Telkom, but is the result of fixed-to-mobile substitution more than the cost of line rental. That’s according to the group’s chief operating officer
Telkom’s share price has reached its strongest levels in more than five years, touching highs not seen since May 2009 when the telecommunications operator disposed of its 50% stake in Vodacom. On Friday, the counter reached a new five-year high of R46,42/share before falling back. On