Browsing: Sipho Maseko

Duncan McLeod
Signs of profound change at Telkom

Don’t look now, but something profound is happening at Telkom. The new management team, led by group CEO Sipho Maseko and board chairman Jabu Mabuza, appears to be actively trying to change (well-founded) perceptions that the company is a litigious and rapacious

Telkom hits back at Solidarity

Telkom has hit back at allegations levelled against it by Solidarity spokesman Marius Croucamp, providing information it says shows that the trade union made false statements in a media interview on Thursday. Croucamp told TechCentral that Telkom CEO Sipho

Now Telkom CFO buys shares

Telkom chief financial officer Jacques Schindehütte has joined the company’s CEO, Sipho Maseko, and chairman, Jabu Mabuza, in snapping up shares in the telecommunications operator. The company notified shareholders on Friday that Schindehütte had bought

Solidarity: Telkom CEO is ‘lying’

Telkom and Solidarity appear headed for a showdown after the union accused the telecommunications operator’s CEO, Sipho Maseko, of “lying” when he said at a press conference on Thursday that Solidarity and another union, the South African Communications Union, were close to a wage

Telkom claims closure with labour

The Communication Workers Union has reached a settlement with Telkom in the long-running wage dispute between the operator and trade unions. The CWU has accepted Telkom’s three-year wage offer. The other unions embroiled in the dispute have yet to sign, but Telkom says it expects them to do so shortly

‘Telkom must balance interests’ – Carrim

Newly appointed communications minister Yunus Carrim has said that Telkom must balance the interests of all of its shareholders, including government. He made the remarks in statement following a meeting on Thursday with Telkom CEO Sipho Maseko and chairman Jabu Mabuza. Deputy

Tribunal nod to Telkom abuse settlement

The Competition Tribunal has given “formal confirmation” to the settlement agreement reached between the Competition Commission and Telkom, the telecommunications operator said on Thursday. The agreement has been made an order of the tribunal, Telkom said. “This agreement

Knott-Craig: four operators is too many

South Africa is too small a market to accommodate four mobile operators, Cell C CEO Alan Knott-Craig told journalists on Wednesday. Replying at a media conference to a question from TechCentral, Knott-Craig said: “I think it’s too late for four. Maybe [it made sense] five or seven years ago [but] after 20

Now Mabuza buys Telkom shares

Days after newly appointed Telkom CEO Sipho Maseko dug into his own pocket to buy up R1m of the telecommunications group’s shares, its chairman has now done likewise. Telkom revealed to shareholders in a statement issued through the JSE that Jabu Mabuza, who was

Telkom CEO snaps up shares

Telkom’s newly appointed group CEO, Sipho Maseko, has bought shares worth almost R1m in the JSE-listed telecommunications operator. Maseko bought 52 000 shares on Thursday, 11 July, worth R990 080. The purchase came on the same day that Telkom Mobile slashed prepaid voice tariffs to

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