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Tag: Telkom

Telkom sells Swiftnet for an enterprise value R6.75 billion

Telkom SA, a leading South African ICT company, has announced a significant step forward in its strategic transformation with the initiation of a sale agreement for all shares in its wholly...

Finally some good news about Telkom

John Lawson CEO of the Cape Chamber of Commerce & Industry Finally, some good news about Telkom. Yes you read that correctly. The state-affiliated telecoms operator reports significant progress in combating vandalism of its...

Telkom pledges R10m to rebuild small businesses in aftermath of unrest

South Africa recently witnessed civil unrest that led to the destruction of infrastructure, looting, and violence that severely impacted many small and medium businesses and informal traders in parts of KwaZulu-Natal...

Telkom appoints Dirk Reyneke as its new CFO

Tech Central reports that Dirk Reyneke has been named Telkom's new CFO. He replaces Tsholofelo Molefe, who resigned in December 2020 to join MTN in the same position. A Business Day report mentions that Reyneke has been...

Telkom confirms Cell C purchase

The telecoms firm says discussions are at a preliminary stage. A statement released on Friday has confirmed Telkom’s active pursuit to purchase embattled Cell C. Tech Central reported that Telkom is in the preliminary...

Telkom LIT prices increased

CAPE TOWN – Telkom has increased the price of its LIT streaming bundles. Launched in 2017,  LIT bundles offers video and music streaming content from multiple service providers that are valid...

South Africa needs to sober up to save itself from sickly state-owned enterprises

The South African government is said to be seriously considering selling its stake in telecommunication firm, Telkom, in order to save the troubled South African Airways (SAA). This has brought back debates...

SAA: The black hole consuming SA’s resources

South African Airways has become a black hole that is simply consuming the resources of the country and it would be irresponsible to pour any more good money into the failing...

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South Africa’s economy facing optimistic future

KPMG shares insights from their South Africa Economic Outlook In search of fiscal consolidation Positive post-election sentiment coupled with improved energy availability and reduced inflation...

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