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CEO Initiative to support government’s investor outreach at October summit

By: Terence Creamer     18th September 2018 The CEO Initiative is putting its weight behind President Cyril Ramaphosa’s plans for increasing levels of investment and stimulating growth in the recession-afflicted South African economy. The CEO Initiative draws in business leaders from various sectors and rose to prominence during Pravin... 

Telkom, universities partner to develop national Fourth Industrial Revolution agenda

By: Marleny Arnoldi     5th September 2018 Telecommunications giant Telkom and the universities of the Witwatersrand (Wits), Johannesburg (UJ) and Fort Hare on Wednesday launched SA4IR, which is a national response to the Fourth Industrial Revolution. The partnership between the company and the universities seeks to build an inclusive... 

New call termination rate proposal will entrench duopoly – Telkom

By: Natasha Odendaal     27th August 2018 The new draft Call Termination Rates need to take into account South Africa’s telecommunications market “reality” and not ignore the global convergence where fixed and mobile are no longer distinguished, information and communications technology group Telkom CEO Sipho Maseko said on Monday. The... 

Andrea Gevers (Rademeyer)

24th August 2018 This week we profile Andrea Gevers Rademeyer, CEO of market research firm Ask Afrika   

We're doing all we can to end long wait in Home Affairs queues – Gigaba 

By: News24Wire      23rd July 2018 Home Affairs Minister Malusi Gigaba says his department is doing all it can to end the long wait in queues at their various branches across the country. Gigaba was speaking at a media briefing in Pretoria about progress made in the department's "War on Queues" campaign, which he launched in April... 

SAA gives assurances to union about its future plans, including privatisation

By: Rebecca Campbell     20th July 2018 In a letter to trade union Solidarity, and released by the union at a recent media briefing, South African Airways (SAA) CEO Vuyani Jarana has given a number of assurances about the plans for the future of the beleaguered State-own national flag carrier. The letter followed a meeting between... 

Solidarity trade union reports SAA assurances about its future plans, including privatisation

By: Rebecca Campbell     10th July 2018 In a letter to trade union Solidarity, and released by the union at a media briefing on Tuesday, South African Airways (SAA) CEO Vuyani Jarana has given a number of assurances about the plans for the future of the beleaguered State-own national flag carrier. The letter followed a meeting between... 

Post Office strike halts payment to grant beneficiaries

By: News24Wire      9th July 2018 Thousands of workers at the South African Post Office (Sapo) and Telkom downed tools on July 6 to demand higher wages. They are affiliated to three unions - the Communication Workers', Customs and Democratic Postal and Communications unions, GroundUp reported. The workers are demanding a 12%... 

Telkom refocuses strategy on new revenue streams 

30th May 2018 Creamer Media's Chanel de Bruyn speaks to Creamer Media Senior Deputy Editor Natasha Odendaal about Telkom’s financial results for the 2018 financial year, the growth of its mobile platform and the growth opportunities it is pursuing. 

Telkom reports lower FY18 earnings

By: Creamer Media Reporter      28th May 2018 JSE-listed Telkom on Monday posted a 19.2% decline in profit after tax to R3.15-billion for the financial year ended March 31 The group attributed this mostly to a higher effective tax rate, which increased from 15.2% in 2017 to 26.4% in 2018 and a 3.6% decrease in earnings before interest, tax,... 

Telkom expects FY18 earnings drop

By: Natasha Odendaal     18th May 2018 JSE-listed Telkom on Friday said it expected its headline earnings per share (HEPS) and basic earnings per share (BEPS) for the year ended March 31, to have declined by between 15% and 25% year-on-year. HEPS are expected to be between 541.1c and 611.1c, representing a 110c to 180c drop on the... 

Telkom Kenya to merge some operations with Airtel Kenya – source

By: Reuters     10th April 2018 Telkom Kenya and Bharti Airtel's local units plan to merge some operations as a first step as Telkom plans to acquire all of Airtel's Kenyan assets, a source at the industry regulator said on Tuesday. Telkom Kenya plans to take over all of Airtel Kenya eventually but it has yet to decide on a... 

Reality bites

By: Terence Creamer     2nd March 2018 Necessity, it is said, is the mother of invention. However, in the case of South Africa’s embattled State-owned companies (SOCs), necessity is undoubtedly also the mother of pragmatism. In his response to the debate on his State of the Nation Address, President Cyril Ramaphosa struck a pragmatic... 

Icasa to finalise End-user and Subscriber Service Charter Regulations by end April

By: Natasha Odendaal     1st March 2018 The Independent Communications Authority of South Africa (Icasa) plans to publish the final End-user and Subscriber Service Charter Regulations by the end of April following a round of public hearings to unpack industry submissions over the perceived high cost of data and high out-of-bundles data... 

VAT rate rise ‘not desirable’, but ‘unavoidable’ to rebuild public finance integrity

By: Terence Creamer     21st February 2018 Finance Minister Malusi Gigaba confirmed the much-anticipated increase in the value-added tax (VAT) rate from 14% to 15% in his maiden Budget speech to Parliament on Wednesday, describing the increase as “unavoidable if we are to maintain the integrity of our public finances”. The hike was... 

Land and asset sales on cards as government seeks revenue-neutral support for State firms

By: Terence Creamer     21st February 2018 Finance Minister Malusi Gigaba used his maiden Budget to reinforce President Cyril Ramaphosa’s recent announcement that stakes in cash-strapped State-owned companies (SoCs) could be sold to reduce their reliance on bail-outs and debt. Ramaphosa made the announcement in his response to the debate... 

Surgery not a Band-Aid

By: Terence Creamer     26th January 2018 Eskom’s debt refinancing is undoubtedly a critical burning platform. The clock is most definitely ticking and the consequences of not closing the immediate financial chasm will be dire not only for the utility, but also for citizens. That said, government is extremely unlikely to allow Eskom to... 

South African Ministers in Davos welcome tough action on SOEs

By: African News Agency      24th January 2018 South African Ministers in Davos for the World Economic Forum have welcomed the tough line and decisive action taken on state-owned enterprises, in particular Eskom which last week saw a shake-up at board and executive level. SA Trade and Industry Minister Dr Rob Davies, speaking to the African... 

Industry confident Eskom board changes will help save utility

By: Megan van Wyngaardt     22nd January 2018 The appointment of a new Eskom board with “credibility, business acumen and experience” has given South African businesses hope that the embattled State-owned entity (SOE) can be salvaged, with a number of organisations lauding Deputy President Cyril Ramaphosa for taking a step in the right... 

Wits University launches technology innovation programme

By: African News Agency      22nd January 2018 Wits Univesity says it has launched a digital innovation programme to help local technology start-ups grow. The project, part of local firms BCX and Telkom's innovation programme, is targeted towards digital business working in fields like agriculture, smart cities, safety and security, education... 

Business welcomes government’s 'commitment' to restore confidence with new Eskom board

By: News24Wire      22nd January 2018 Business leaders have welcomed the appointment of Eskom’s new board as a sign that there is political will to restore confidence in state-owned enterprises. Government announced on Saturday that Telkom chairperson Jabu Mabuza will chair Eskom’s board as part of a host of measures to “stabilise... 

South Africa names Jabu Mabuza as Eskom chair in board shake-up

By: Reuters     20th January 2018   South Africa’s Deputy President Cyril Ramaphosa has appointed a new board at state-owned power utility Eskom and named Telkom’s chairman Jabu Mabuza as its new chairman, the country’s presidency said on Saturday. 

MTN takes top spot in Q4’s best network rankings

By: Creamer Media Reporter      15th January 2018 The fourth-quarter edition of MyBroadband’s Mobile Network Quality Report shows mobile operator MTN outperforming its rivals as the best network in South Africa. The report and network scores were based on about 113 000 speed tests performed by more than 8 000 MyBroadband Android Speed Test App... 

Solidarity ranks SOEs, lambastes 'cadre merry-go-round'

By: Anine Kilian     14th November 2017 Trade union Solidarity has ranked South African Airways (SAA) as the most poorly managed State-owned enterprise (SOE) in the country. Speaking at the launch of its latest report ‘South African State Institutions and the Value for Tax Money’, on Wednesday, Solidarity CEO Dirk Hermann said SAA... 

Telkom eyes business portfolio review

By: Natasha Odendaal     10th November 2017 As JSE-listed Telkom delivers muted half-year financial results, the group plans to continue seeking a sustainable growth framework, reviewing its business portfolio and prioritising strategic initiatives. This includes a review of the telecommunications giant’s legacy network and information... 

Challenging economic environment keeps Telkom H1 financials flat

By: Natasha Odendaal     10th November 2017 The latest half-year financial results delivered by JSE-listed Telkom have been marred by a tough economic climate and increased competition that have muted overall growth across the board for the six months ended September 30. During the first half of the year, an uncertain political, economic... 

Telkom appoints CEO of property management unit

By: Megan van Wyngaardt     9th November 2017 Telecommunications group Telkom has appointed Lesiba Maloba as CEO of its property management business unit, Gyro Group, from November 13. Gyro was established on April 1 to unlock value by commercialising the Telkom property portfolio, extracting value from excess building capacity and... 

New SAA leadership team promises to take airline ‘back from the brink’ 

By: Terence Creamer     7th November 2017 Finance Minister Malusi Gigaba has promised that there will be a clear delineation of the roles between the shareholder, the board and the CEO at embattled national carrier South African Airways (SAA), following the constitution of the new board on November 3 and the appointment of Vuyani Jarana... 

BCX unveils new digital learning platform

By: Creamer Media Reporter      6th November 2017 Telecommunications giant BCX on Monday launched a new digital learning platform aimed at providing free access to online educational content. No charge will be levied for the maths and science learning material and content that learners, educators, school administrators and parents can access... 

High Court orders Telkom to stop disconnecting services to eNatis

By: African News Agency      26th October 2017 The Gauteng North High Court has ordered Telkom to restore telephone services to eNatis following an urgent application by the Road Traffic Management Corporation (RTMC). In a statement late on Wednesday, Spokesperson Simon Zwane said: “The RTMC brought an application before the court today after... 

Various State assets being identified for disposal as Gigaba drops deficit and debt bombshells 

By: Terence Creamer     25th October 2017 Finance Minister Malusi Gigaba confirmed the worst in his maiden Medium-Term Budget Policy Statement (MTBPS), revealing serious fiscal slippages amid bail-outs of State-owned companies (SOCs), a worryingly sharp deterioration in revenue collections, a material downward revision to the country’s... 

Cell C not headed for all-out capex war – Levy

By: Natasha Odendaal     24th October 2017 JSE-listed Blue Label Telecoms has no immediate plans to make mobile operator Cell C a top contender in an all-out capital expenditure (capex) war with top mobile operators MTN and Vodacom, but will rather narrow the focus of its latest acquisition to the strategic deployment of the “best” urban... 

Anneke Grond

6th October 2017 This week we feature Anneke Grond, MD of Jasco Enterprise, which delivers end-to-end solutions across the entire information and communication technology value chain   

Goscor Access Rental appoints new KZN Branch Manager

22nd September 2017 Goscor Access Rental (GAR) has appointed industry stalwart Alan Will as Kwazulu-Natal Branch Manager, based in Westmead, to oversee expansion in one of the company’s highest-growth areas in South Africa at present. Alan brings 28 years’ experience to bear on his high-profile new role, of which 22... 

R2K picketers call for cellphone companies to ring in the changes

By: News24Wire      19th September 2017 Right2Know has led pickets outside the four major telecommunications companies in Gauteng on Tuesday, demanding affordable voice and data costs for South Africans. Tariffic, a research company, found that South Africa has the second highest data contract prices among seven countries, including... 

Govt urged to sell loss-making SAA

By: News24Wire      25th August 2017 Government should get out of the commercial airline space and sell the loss-making South African Airways (SAA), according to Cape Chamber of Commerce and Industry president Janine Myburgh. “SAA has become a black hole that is simply consuming the resources of the country, and it would be... 

Telkom unveils new digital entertainment product offering

By: Natasha Odendaal     24th August 2017 Information and communications technology giant Telkom is continuing its post-restructure growth strategy with the unveiling of a new unlimited digital entertainment product offering called LIT. In what Telkom Consumer CEO Attila Vitai described as a first in the market, Telkom is delivering a... 

Armstrong to head WBS Chair in Digital Business

By: Natasha Odendaal     22nd August 2017 Professor Brian Armstrong has been selected to head up the University of the Witwatersrand (Wits) Business School’s (WBS’s) Chair in Digital Business. The former Telkom chief commercial officer, who described himself as "a business scientist and a scientific businessperson", envisages a fully... 

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