Telkom will soon have a new name. CEO Sipho Maseko is leading a major restructuring at the partly state-owned company that will result in “Telkom” becoming the consumer-facing retail telecommunications brand sitting under a new, “Remgro-style” corporate centre.
Telkom has agreed with organised labour not to retrench any workers for the next two years, but in turn workers have agreed to a wage freeze and to a new performance-based system that can earn them extra money. The agreement has been signed
Telkom has appointed long-serving executive Deon Fredericks as its new chief financial officer with immediate effect. He had been acting in the position since October 2013 following the suspension of former CFO Jacques Schindehutte, who stepped down recently. Fredericks has acting as CFO
Workers at publishing company Trudon, which publishes the Phone Book and the Yellow Pages, will strike against a proposed wage increase of 6%, the Communication Workers Union said on Monday. About 8 000 union members would strike countrywide from Tuesday