Telkom needs to find a “worthy successor” to CEO Nombulelo Moholi, trade union Solidarity said on Monday. “Moholi is one of several Telkom CEOs who have resigned over the past year and her resignation will contribute to further instability in the company,” spokesman
Telkom must be fully privatised to prevent the company from being plunged into a crisis, the DA said on Monday. “Should government persist in its naive and dangerous management of Telkom we may well soon see the company come cap-in-hand to parliament
Investors sold off Telkom shares on Monday following the resignation of group CEO Nombulelo Moholi. The share price was almost 3% lower at R17,69 in late morning trade on the JSE, after briefly changing hands at as low as R17,51. Telkom
Telkom CEO Nombulelo Moholi has resigned, becoming the latest in a long string of leaders of the telecommunications group to step down in recent years. Moholi, who is credited with building a strong management team around her and leading a project to upgrade
If there was any doubt that government meddling is an impediment to Telkom’s sustainability and a drag on SA’s competitiveness, it should be removed by communications minister Dina Pule’s downright irresponsible behaviour at the AGM in Midrand last
In the wake of criticism of government’s behaviour at Telkom’s recent annual general meeting, communications minister Dina Pule has moved to defend her move not to support the election or reelection of four nonexecutive directors. In a
Telkom’s mobile arm, 8ta, has introduced unlimited voice calls for a fixed monthly price starting at R1 199/month in an effort to tap the top-end of the contract market where users spend thousands of rand a month on their telecommunications needs
High drama unfolded at Telkom’s annual general meeting on Wednesday as communications minister Dina Pule moved to exercise her power over the company by voting against the election or reelection of nonexecutive directors and against two new share incentive schemes for management. One analyst
Outgoing Telkom chairman Lazarus Zim on Wednesday indirectly hit out at government over its decision to block the sale of 20% of the fixed-line telecommunications operator’s equity to Korea’s KT Corp, calling the move “tragic” and a “big loss”. Speaking at Telkom’s annual general meeting in front of
Telkom agreed to sponsor a series of 12 breakfast events hosted by The New Age newspaper this year for a whopping R1m/breakfast, correspondence in TechCentral’s possession shows. The sponsorship, for the 2012/13 financial year, marks the second year the fixed-line operator has paid
