Many South African technology companies are allowing their employees to work from home and encouraging them to make use of technology to avoid face-to-face meetings with colleagues and clients.
Browsing: Telkom
Telkom said on Monday that it is zero-rating dozens of educational websites as well as sites that provide information that can help South Africans contain the spread of the novel coronavirus.
Telkom warned shareholders on Friday that R1.5-billion in restructuring costs will hit its earnings in the financial year to end-March as it moves to get rid of as many as 3 000 employees in the first phase of a restructuring process.
South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as reaction to US measures aimed at curbing the spread of the coronavirus accelerated the sell-off.
All eyes are on MTN South Africa and Telkom, which have failed to reach an agreement with the Competition Commission to lower data prices within the specified deadline.
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Vodacom and the Competition Commission have reached a settlement agreement over data prices following the regulator’s publication in December of surprisingly broad-ranging, tough and radical interventions in the data services market.
South African companies have announced plans to cut more than 10 000 jobs less than three months into 2020 with electronics company Ellies the latest to start the process of reducing its headcount
A labour union is trying to prevent Telkom from continuing with a plan to cut as much as 20% of its workforce to cope with falling sales in its landline business and a weak South African economy.
More than a month after freak simultaneous submarine cable breaks disrupted Internet access in South Africa and other African countries, international connectivity has been fully restored.