Browsing: Sizwe Nxasana

Michael Jordaan is leaving First National Bank after 10 years as CEO to pursue his passion for technology and entrepreneurship. FNB parent FirstRand Group announced on Wednesday that Jordaan would step down at the end of the year, with the head of the bank’s business banking arm, Jacques Celliers, to take

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

Events of the past week have shown that it’s become more urgent than ever that government sell its stake in Telkom . If it continues as a significant shareholder, it risks further undermining one of SA’s most important companies and inflicting long-term damage on SA’s economy. The opportune

Newly appointed Telkom group chief financial officer Jacques Schindehütte has promised to work with CEO Nombulelo Moholi to bring stability to the management team at the partially privatised telecommunications operator. The leadership

Telkom’s board is widely expected to appoint Nombulelo “Pinky” Moholi, MD of its SA operation, as its new group CEO, a move analysts say is great news for the partially state-owned fixed-line telecommunications

Things have gone awry at Telkom. It’s already facing a growing barrage of lawsuits and competition complaints, and anonymous dossiers leaked to the media in recent weeks suggest a deeper malaise. Can the group be fixed?