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Calls for Telkom to be privatised

Analysts say Telkom CEO Nombulelo Moholi did not see eye to eye with the communications minister.

The opposition is calling for Telkom to be privatised.

JOHANNESBURG - There were calls on Monday for Telkom to be fully privatised to prevent it from being plunged into a terminal crisis.

The comments come after the company's CEO Nombulelo Moholi resigned.

On Friday, the she notified the board of her intention to step down before the end of her contract period.

She indicated she will serve out her six-month notice period.

Over the past few years, Telkom has been hit by a string of resignations.

Independent non-executive director Neo Dongwana also resigned.

Democratic Alliance Shadow Communications Minister Marian Shinn is laying the blame with Communications Minister Dina Pule.

"It is an absolute tragedy for Telkom and the Communications Ministry [that Moholi is leaving]. She is a highly regarded professional and she will be missed. I think her position as CEO had become untenable because of interference by the minister."

Telecoms analyst at Africa Analysis, Dobek Pater, said it is clear Moholi and Pule did not see eye to eye.

"Management's strategy and vision of how they want to take Telkom forward, was not aligned with government."

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