MTN Group CEO Ralph Mupita earned total remuneration in the 2021 financial year of R84.2-million – and he wasn’t the only top executive handsomely rewarded.
Browsing: Tsholofelo Molefe
Telkom on Friday said Dirk Reyneke will replace chief financial officer Tsholofelo Molefe, who resigned in December to join MTN Group, also as CFO.
Telkom’s group chief financial officer, Tsholofelo Molefe, has resigned with immediate effect to take the role of chief financial officer at rival MTN Group, where she will take on CEO Ralph Mupita’s old job.
Telkom chief financial officer Tsholofelo Molefe has followed CEO Sipho Maseko’s lead in offloading shares in the telecommunications company following publication of its interim results last week.
Telkom Group CEO Sipho Maseko has taken a haircut to his remuneration in the 2020 financial year after no short-term incentives were paid to executive directors.
Tsholofelo Molefe will take over as Telkom’s group chief financial officer on 1 July, replacing long-serving company executive Deon Fredericks, who moves into the newly created role of chief investment officer
Stage two rolling blackouts were scheduled for Wednesday, Eskom said. “Eskom will implement stage two load shedding from 4pm today, which is likely to continue until 10pm this evening,” the power utility said in a statement. “This is due to a shortage of generation
Eskom board chairman Zola Tsotsi has not been removed, the power utility said on Wednesday. Eskom’s media desk was responding to questions on a report that the four executives, suspended earlier this month, were removed because they initiated an audit of the
Standard & Poor’s (S&P) has downgraded Eskom’s long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. This had led the ratings agency to have less confidence in the company’s corporate governance arrangements
Four senior Eskom executives, including CEO Tshediso Matona, have been asked to step aside as the power utility embarks on a fact-finding inquiry, board chairman Zola Tsotsi said on Thursday. “To