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Telkom CEO Sipho Maseko. Picture: ARNOLD PRONTO

Tribunal approves Telkom, Business Connexion deal

Telkom’s R2.6bn takeover of Business Connexion is given nod by the Competition Tribunal, with conditions, but deal still needs final approval from the sector regulator

Bosses earned big as Telkom revenue fell

Telkom CEO Sipho Maseko. Picture: ARNOLD PRONTO

CEO Sipho Maseko’s total compensation at R12.3m while former chief financial officer Jacques Schindehütte received R18.8m compared with R6m a year earlier

Ellies banks on digital migration

Ellies CEO Wayne Samson. Picture: Russell Roberts

Company eyes improved performance with focus on consumer products and participation in the digital migration programme in SA and Africa with MultiChoice

Telkom cuts jobs in push to reduce staff costs

Picture: CHARLES GALLO/GALLO IMAGES

Landline operator says it has agreed to 2,393 voluntary severance packages as it seeks to better compete with mobile-phone companies

MTN shares sink as group warns of exchange rate hit

A vendor holds cellphones and airtime cards at a stall operated by MTN in Kigali, Rwanda. The industry is growing in leaps and bounds across the continent. File picture: BLOOMBERG

Group is also expected to provide information on the $1bn of funds in Iran following a nuclear deal


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