Browsing: Transnet

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.