Telkom has tapped a member of Trevor Manuel’s National Planning Commission as its new head of strategy. Miriam Altman will join the troubled telecommunications operator on 1 June. Altman, who will report directly to newly appointed Telkom CEO Sipho Maseko, will support
Browsing: Sipho Maseko
There’s more bad news for Telkom shareholders this week. The partially privatised JSE-listed telecommunications company warned on Monday that it expects its headline earnings per share to be at least 20% lower than the 324,7c it reported a year ago. Telkom is under
Telkom is a shadow of the company it once was. As little as 10 years ago, it thoroughly dominated SA’s telecommunications landscape. Today, it’s not even among the top 40 companies listed on the JSE. Its market value has dwindled to such as extent that, at R7,8bn, it’s worth less than 5% of Vodacom, in which it once
There was a tight race between Sipho Maseko and Brian Armstrong for Telkom’s top job, a source claiming to have knowledge of the appointment process has told TechCentral. Telkom confirmed the news of Maseko’s appointment as its new group CEO in a statement to shareholders after TechCentral broke
Sipho Maseko is Telkom’s new group CEO and will take over from outgoing CEO Nombulelo Moholi next week, TechCentral has been told by three separate sources with ties to the telecommunications operator. An announcement about his appointment may be made as soon as this afternoon
Telkom’s share price continues to trade at near to all-time record lows as a lack of clarity from government on its plans for the company and uncertainty about who will take over from outgoing CEO Nombulelo Moholi continue to cloud the outlook for investors. Moholi
Vodacom SA MD and group chief operating officer Sipho Maseko is leaving the mobile operator to “pursue other interests” after only nine months in the role. It is unclear who will replace Maseko, where he is going, or what prompted his sudden departure. Maseko, who joined the company in
Newly appointed Vodacom SA MD Sipho Maseko has been awarded 74 142 shares in the telecommunications group at an average price of R90,37/share, making the allocation worth R6,7m. The shares vest on 25 November 2014. Maseko, who was formerly CEO of BP Southern Africa, took the reins
Vodacom Group has named a BP executive as its new MD to replace Shameel Joosub, who is now the CEO of Vodafone in Spain. The company has been without an MD of its most important operating subsidiary since the beginning of April