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Telkom Group CEO to Step Down

Sipho Maseko is expected to step down from his positions as Group CEO as well as executive director of Telkom and its subsidiaries on 30 June 2022. According to Telkom, the process to appoint a successor is "well underway" and...

Telkom Group Records Growth in Mobile Business

Telkom has released its financial results - ending 31 March 2021. The telco saw the lion's share of its income made up by "next-generation technologies" like its mobile business. Growth, driven by the mobile business, saw EBITDA grow 11.7% to...

Telkom Introduces Prepaid and Top-Up International Roaming Services

Telkom has launched international roaming services - which includes full access to voice, SMS and data - to its Prepaid and Top-Up customers. “This is a good opportunity for Telkom that will enable us to provide roaming services to previously...

Telkom Unveils Fraud and Corruption Reporting Platform

Telkom has unveiled a multi-channel whistleblowing platform that allows users to report any acts or suspected acts of fraud, corruption, and irregular conduct within the organisation. The company says that this service is part of the Group’s ethics and corporate...

Telkom Kenya Revises its Mzito Data and Voice Bundles

Telkom has made revisions to its Mzito Data and Voice Bundle deals - this includes adding more data and cutting voice minutes. The telco says these changes are to make the bundle options more competitive. Here's a closer look at...

Telkom Group Appoints New CFO

Telkom has announced the appointment of Dirk Reyneke as Chief Financial Officer - to be taken on with immediate effect. He succeeds Tsholofelo Molefe who has resigned to join MTN Group. According to TechCentral, Reyneke was previously CFO of Telkom’s...

Telkom Reports 19% Increase in Mobile Subscribers

Telkom South Africa has revealed its interim results for the six months ending 30 September 2020. The telco was driven by a 19% increase in mobile subscribers - reaching 13.7 million - to claim the position of South Africa's...

Telkom Makes New Changes to Board

Telkom has made new changes to its board committees. In a recent statement, the telco says “shareholders are advised that Telkom will reconstitute various of its Board Committees with effect from 28 September 2020.” Here is a closer look the...

Telkom Kenya and Airtel Subscribers Fall Over Failed Merger, says CA

Telkom Kenya and Airtel have recorded a 16% fall in mobile Internet subscribers after consumers grew uncertain over a proposed merger of the telcos, according to Gadgets Africa. A report by the Communication Authority of Kenya (CA) reveals that there...

South Africa to get first Digital Economy Summit in June

On Thursday, 11 April 2019, the Minister of Telecommunications, Stella Ndabeni-Abrahams officially launched the 4IRSA Partnership and unveiled its plans towards the country’s first Digital Economy Summit at a media briefing. The summit is scheduled to be held on...
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The Power of Bitcoin in an Interest Rate Cut Resistant Economy

As the global financial landscape undergoes significant shifts, one emerging observation is the likely de-sensitization of the U.S. economy...
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