Telkom
Serame Taukobong is Telkom’s new CEO
Serame Taukobong will take over when Sipho Maseko leaves the company in June 2022.
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Sipho Maseko to step down as Telkom CEO in June 2022
Maseko joined Telkom in 2013 and since then, the company’s become the third-largest mobile operator in South Africa.
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4 men arrested for theft of railway infrastructure in Gauteng and Mpumalanga
Last Friday, a man was arrested in the Pretoria area in an operation involving the SAPS, the passenger rail agency, Telkom and Tshwane metro police officials while three men were arrested in Mpumalanga in a separate operation.
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Telkom suspends dividend for 3 years after profit slide
The steep earnings drop was also a result of a R1.2 billion ($69.1 million) one-off cost relating to voluntary severance and early retirement packages for 2,200 workers who left in March as part of a restructuring plan.
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Telkom flags 70% fall in annual earnings
Telkom said it expects headline earnings per share (HEPS), the main profit measure in South Africa, to have tumbled by between 65% and 70% for the full year ended March 31 from 619.2 cents in the previous year.
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Telkom pledges R15mil to help fight against coronavirus
The funds are meant to be directed to the country's primary health system and will also be directed to vulnerable communities.
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Competition Commission ‘hopeful’ of agreements with MTN, Telkom on data costs
Their rival Vodacom reached an agreement with the regulator to cut data prices by 30% from 1 April.
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Vodacom settlement on data prices best option for consumers - commission
The Competition Commission said that it was in talks with MTN and Telkom to follow suit and slash their data prices.
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Union accuses Telkom of failing to give workers clarity on retrenchments
The Communication Workers’ Union (CWU) has taken the company to court to halt the possible retrenchment of 3,000 employees.
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CWU lodges Labour Court application over Telkom job cuts
The union accused Telkom of rushing the process and not considering other alternatives to job cuts.
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Numsa rejects Telkom's reasoning behind plan to cut 3,000 jobs
Telkom has blamed the sluggish economy for its decision to cut jobs.
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CWU marches on Luthuli House over Telkom job cuts
Last month the network provider announced that it was considering voluntary severance and early retirement packages for those affected by the planned cutting of 3,000 jobs.
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Users slam ‘abusive’ Telkom as mobile network down
Are you struggling to connect to your Telkom mobile network? Here's why.
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Numsa throws its weight behind fight against job cuts at Telkom
The telecommunications company, which has racked up over R11 billion worth of debt, announced it would be shedding thousands of jobs due to a weak economic environment and a rapid change in technology.
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Godongwana: Consolidation of SOEs key to ensuring SA's economic growth
The ANC’s NEC said the consolidation of state-owned enterprises was imperative to ensure growth and avoid a possible downgrade by ratings agency.
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Telkom to begin consultations with unions over job cuts
The telecommunications company, which has over R11 billion worth of debt, announced it would be cutting thousands of jobs due to a weak economic environment and a rapid change in technology.
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Ndabeni-Abrahams, Telkom meeting about retrenchments 'went well'
On Wednesday, unions received section 189 notices which will affect workers in the open-serve and consumer divisions.
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Ndabeni-Abrahams calls urgent meeting with Telkom over planned retrenchments
The telecoms giant made the announcement on Wednesday, citing the declining performance of fixed voice and data services.
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CWU wants clarity from Telkom on retrenchment plans
The company has proposed a meeting with unions at the CCMA next week where more details are expected to emerge.
