Browsing: Spiwe Chireka

Over the weekend, the Sunday Independent reported that President Jacob Zuma plans to axe communications minister Dina Pule, after it was discovered that her alleged boyfriend, Phosane Mngqibisa, benefited improperly from the ICT Indaba in Cape Town

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

Telkom will exit the consumer wireless market in Nigeria. The group says it wants to quit the code division multiple access (CDMA) business in the West African country as soon as possible.

With MTN’s cellular network acquisitions in emerging markets on hold, analysts say the group can probably be considered a mature business. But there are still opportunities in the business services sector, they say. MTN told shareholders on Thursday that acquisition opportunities in emerging markets are becoming harder to find.

A tougher competitive environment and the slowdown in economic activity have added to Telkom’s difficulties in the past year, says analyst group Frost & Sullivan. The telecommunications group has struggled to assert itself since the unbundling of its 50% stake in Vodacom and continues to be beset