Browsing: Transnet

Copper theft increased in the month of July, from R17,9m to R19,7m, the SA Chamber of Commerce and Industry (Sacci) copper theft barometer indicated on Wednesday. This was the first monthly increase in the series since the recent spike of R34,7m in March, Sacci said

The Democratic Alliance called on Thursday for public enterprises minister Malusi Gigaba, as well as representatives from Eskom and Transnet, to appear before MPs for urgent talks on the massive scale of copper theft. “Minister Gigaba confirmed [in a written reply to a parliamentary question] that Eskom and Transnet

Telkom could pay as much as R885m/year more in spectrum licence fees if new proposals by the Independent Communications Authority of SA (Icasa) are adopted. Under Icasa’s proposed new fee structure, Telkom and other bulk users of spectrum — they include Transnet, Eskom, the SA National Defence Force and

Newly appointed Telkom group chief financial officer Jacques Schindehütte has promised to work with CEO Nombulelo Moholi to bring stability to the management team at the partially privatised telecommunications operator. The leadership

Telkom has appointed Jacques Schindehutte, until recently group financial director at Absa, as its new chief financial officer, replacing Peter Nelson, who resigned last year. He will take up the post on 1 August. Schindehutte, who helped oversee

Neotel’s been getting a lot of bad press lately. Financial losses are mounting and retrenchments are looming. But it’s too soon to write the company off. If it acts tactically now, it could still be a force to be reckoned with in SA telecommunications

Things have gone awry at Telkom. It’s already facing a growing barrage of lawsuits and competition complaints, and anonymous dossiers leaked to the media in recent weeks suggest a deeper malaise. Can the group be fixed?

A company owned partly by communications minister Siphiwe Nyanda was given a R20m contract to investigate service delivery protests in Mpumalanga, City Press reported on Sunday. The contract was allegedly awarded to Abalozi Security Risk Advisory Services without following tender rules. An Nyanda family trust is alleged to have a 45% shareholding in Abalozi.