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
The Economic Freedom Fighters (EFF), led by former ANC Youth League leader Julius Malema, has published its founding manifesto ahead of national elections in 2014 that it is expected it will contest. The radically left-wing manifesto, which calls for the
The Internet Service Providers’ Association (Ispa) has called on parliament to insist that mobile operators provide wholesale access to their data networks to Internet service providers as a meaningful way of reducing the cost to communicate in South Africa. Ispa regulatory head
Vodacom has given its rival Telkom Mobile a bloody nose at the Advertising Standards Authority over a tussle over which operator offers better voice quality, with the authority ordering that Telkom must stop flighting a television advertisement in which it makes claims the authority says haven’t been substantiated
Trade union Solidarity on Friday took to social media to accuse Telkom of “playing dirty” and interfering with the union’s communications with its members. “Telkom wage talks: Telkom playing dirty as Telkom is blocking union’s electronic communication to its members,” the union said through its
Mobile operator Cell C has held discussions with Telkom about opportunities to consolidate South Africa’s mobile phone industry, CEO Alan Knott-Craig revealed in a radio interview on Thursday (full audio transcript below). In response to a question from Talk Radio 702 host Stephen Grootes about whether
The Competition Tribunal has given “formal confirmation” to the settlement agreement reached between the Competition Commission and Telkom, the telecommunications operator said on Thursday. The agreement has been made an order of the tribunal, Telkom said. “This agreement
Competition cases, such as the two Telkom recently agreed to settle with South Africa’s Competition Commission, are outside the purview of the law, exploit public distrust of private-sector companies, enrich competition authorities and extract shareholder funds from companies by encouraging executives
The Competition Tribunal on Wednesday appeared set to agree to the terms of a settlement reached between the Competition Commission and Telkom concerning anticompetitive abuses by the operator between 2005 and 2007. The settlement includes payment
Days after newly appointed Telkom CEO Sipho Maseko dug into his own pocket to buy up R1m of the telecommunications group’s shares, its chairman has now done likewise. Telkom revealed to shareholders in a statement issued through the JSE that Jabu Mabuza, who was
