The total remuneration bill for Telkom’s executive and nonexecutive directors as well as its prescribed officers has declined between the 2013 and 2014, the telecommunications group’s latest annual report, published
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Telkom CEO Sipho Maseko is under investigation after being implicated in an alleged car licensing cloning case, the City of Johannesburg said on Friday. “Whatever is happening in terms of allegations about him [Maseko] being on the wrong side of the law is being investigated by the Johannesburg metro police department
Residents of another upmarket Johannesburg suburb have kick-started the process of building a fibre-to-the-home (FTTH) network in their neighbourhood. Parkview has signalled plans to follow the example of nearby Parkhurst, which has taken an early lead in building FTTH. “We have fast fibre-optic
Former Telkom acting CEO and Cell C CEO Jeffrey Hedberg has been appointed as the new CEO of Mobilink, one of Pakistan’s largest mobile operators, parent company VimpelCom said in a statement on Friday. Hedberg succeeds Rashid Khan, who has decided to retire after almost 15 years in management positions
Telkom has suspended its current restructuring and retrenchment process following an agreement with trade union Solidarity on Thursday, the trade union said. “This includes halting the process wherein Telkom intended to use race as a criterion for layoffs,” telecommunications spokesman Marius
Bell Labs, the research and development arm of Alcatel-Lucent, announced this week that it has developed a prototype technology, called XG-Fast, which it used to transmit speeds of up to 10Gbit/s over traditional copper phone lines. The technology, which is expected to be launched commercially
Banking systems have not typically made for riveting conversation outside of business IT circles. Today, however, banks, including those in South Africa, are doing some of the coolest things in the technology field. Nedbank’s low-slung building at the top of Katherine Street in Sandton has been the company’s technology and operations
Telkom has slammed trade unions for spreading disinformation about restructuring at the telecommunications operator, dismissing as “baseless” claims made this week by Solidarity and the South African Communications Union. Sacu has warned that Telkom could be planning to dismiss
The rocket that is Telkom’s share price shows no sign of running out of fuel. On Tuesday, the counter hit the R50 level for the first time in more than five years on investor optimism of a sustained turnaround. The bullishness about the company’s outlook has pushed it market capitalisation above
Solidarity intends using social media and court action to stop what it says are race-based retrenchments at Telkom, the trade union said on Tuesday. “In terms of legislation, race may not be used as a criterion during a retrenchment process,” deputy general secretary Johan Kruger said in a statement