Telkom has signed a settlement agreement with the South African Communications Union (Sacu), bringing an end to a wage dispute with three trade unions that began in March. CEO Sipho Maseko says he’s “very pleased” the company has reached agreement with Sacu. “Just to be very open and frank, I think there were legitimate
Browsing: Sipho Maseko
Has the country’s foremost value-destroying monopolist finally seen the error of its ways? On the surface, that seems to be the case. In mid-July, Telkom meekly agreed to pay a R200m fine for anticompetitive abuses committed between 2005 and 2007, and to split its wholesale and retail businesses. TechCentral reported
Shortly after taking the reins at Telkom in April, newly appointed group CEO Sipho Maseko made it one of his first orders of business to meet with and apologise to the full council of the Independent Communications Authority of South Africa (Icasa) for the operator’s past aggressive approach to the industry
Telkom has decided it will forge ahead and implement a wage agreement, despite protests Solidarity, one of three unions recognised by the telecommunications operator. Telkom has been in gridlock with two unions, Solidarity and the South African Communications Union (Sacu), for months. The Communication Workers
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 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
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
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
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
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