Cell C on Wednesday said its chief financial officer, Zaf Mahomed, is stepping down to pursue “new business opportunities”.
Browsing: Telkom
A University of the Western Cape computer science student has shown that Twitter can be used to pinpoint hijacking hotspots in South Africa.
Telkom’s largest shareholder, government, voted against the appointment of a large number of directors to the company’s board at its AGM on Wednesday.
Eskom said it is “considering” cutting the power to the City of Tshwane, which includes Pretoria and Centurion, over non-payment by the metro.
In separate but identical regulatory filings on Monday, MTN Group and Telkom said they remained locked in discussions about a potential combination.
Telkom has become the latest telecoms operator to muscle into the banks’ traditional area of expertise, offering loans to small businesses.
Government has received an unsolicited bid for its 40.5% stake in Telkom from an investment firm called the Toto Consortium.
Telkom said it has not it had received a proposal from Rain and remains in talks with rival MTN about a possible transaction.
Ignore for a moment that Rain, although growing fast, is a relative pipsqueak next to Telkom. Does a merger make any sense? By Duncan McLeod.
Rain plans to table a proposal to Telkom’s board that it should merge with the wireless broadband provider instead of pursuing a deal with MTN.