Neotel is hoping to wrap up an investigation within the next two to three weeks into possible bribery that led to the suspension in July of its CEO, Sunil Joshi, and its chief financial officer, Steven Whiley. That’s the word from Neotel director in charge Kennedy Memani
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Vodacom its still confident that its R7bn acquisition of Neotel will go ahead, despite a protracted investigation by the Competition Tribunal and allegations of impropriety by Neotel executives over
Neotel director and shareholder Kennedy Memani will provide “interim executive oversight as the director in charge” following the decision last week to place CEO Sunil Joshi and chief financial officer Steven Whiley on “special leave” pending an investigation into
Neotel CEO Sunil Joshi and chief financial officer Steven Whiley have been placed on “special leave” pending an investigation into alleged bribery and corruption at the telecommunications operator
Transnet chief financial officer Anoj Singh has been seconded to Eskom in the same role for six months, according to the state utility on Thursday. Singh’s secondment is effective from
Embattled SABC chair Zandile Tshabalala has been excluded from the new Transnet board, it emerged on Thursday. “Cabinet approved the following appointments subject to the verification of qualifications and the relevant experience,” a giggling minister
With a potential repositioning of some of the country’s most significant parastatals in the offing, a number of ministers could lose out as key entities are placed under the ever-extending wing of public enterprises minister Malusi Gigaba. Not least of these
Nhlanhla Gasa, the lead independent nonexecutive director of JSE-listed technology company DigiCore Holdings, has been murdered in KwaZulu-Natal. His body was found in the Tugela River, near Newark, and had multiple stab wounds, according to a report on Talk Radio 702. His burnt-out car was found nearby
The New Age CEO Nazeem Howa hit back on Monday morning at a weekend newspaper report that partially state-owned telecommunications operator Telkom was its top advertiser. “It’s similar to the patronising and racist mindset of some of opposition politicians who imply that the senior executives
Telkom invested R34m in advertising in The New Age newspaper from December 2011 to November 2012, City Press reported on Sunday. The most recent Nielsen Adex report revealed that Telkom, which is 39,8% owned by the government, was the top advertiser in The New Age during