As the battle within the ANC rages on, the mixed messages emanating from Telkom’s head office suggest that it may be caught in a power struggle.
Suspended NPA head Vusi Pikoli is in negotiations with Mvelaphanda Holdings to be the company’s chief legal counsel, it was reported on Thursday.
Telkom has had an offer from a Vodafone unit for its half of mobile operator Vodacom, while Mvelaphanda may lead a bid for the whole group minus the Vodacom stake, Telkom said on Monday. Shares in Telkom jumped over 15% to R158, the highest level in six months and valuing the company at R82,28-billion.
Former politician turned businessman Tokyo Sexwale’s company has launched a R90-billion conditional bid for fixed-line operator Telkom, a newspaper reported on Sunday. Sexwale, an ally of ruling African National Congress president Jacob Zuma, turned down a nomination to be part of the ruling party’s top six officials but remains a supporter.
It is about time that the humiliation of South African freedom fighters in the United States came to end, African National Congress (ANC) national executive committee member Tokyo Sexwale said on Saturday. The US House of Representatives on Thursday adopted legislation that erases from government records the apartheid-era designation of the ANC as ”terrorists”.
Senior African National Congress leader Tokyo Sexwale has called on President Thabo Mbeki to explain his involvement in the controversial multibillion-rand arms deal, a media report said on Sunday. Sexwale made an impassioned plea to a hushed ANC national executive committee meeting on Friday for Mbeki "to take the ANC into his confidence".
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/ 13 February 2008
KwaZulu-Natal (KZN) Judge President Vuka Tshabalala said on Wednesday that he had returned all the shares in Absa Bank worth millions of rands, which were given to him by a consortium headed by businessman Tokyo Sexwale. ”I have returned the shares. That’s the end of the matter,” said Tshabalala.
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/ 17 December 2007
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On Sunday a picture emerged of strong support for Jacob Zuma, overshowing the rest and spectacularly managing to humiliate national ANC chairperson Mosiuoa Lekota. As strong an indicator as it was, some delegates supporting President Thabo Mbeki insisted that an Mbeki win remained a possibility.
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/ 8 December 2007
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Countering revenge will triumph over unity as the key challenge after the African National Congress’s (ANC) national conference in Limpopo, the South African Communist Party said on Saturday. Meanwhile, a failed high court bid to stop the ANC conference will now be taken to the Supreme Court of Appeal.
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/ 5 December 2007
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South Africa’s economic boom looks set to persist but concerns linger over the direction of policy after the crucial African National Congress (ANC) conference, which seems likely to choose Jacob Zuma as the ruling party’s new leader. Economic growth jumped to 5,4% in 2006 — its fastest rate since 1981 — and wealth is spreading to a burgeoning black middle class.
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/ 28 November 2007
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African National Congress deputy president Jacob Zuma on Wednesday applied to the Constitutional Court for permission to challenge aspects of the investigation against him by the national director of public prosecution (NDPP). Zuma plans to challenge the issuing of a letter of request secured by the NDPP to get documents from Mauritius.
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/ 26 November 2007
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The African National Congress Women’s League is to finalise its nominations for the party’s leadership on Monday. Earlier, it was reported that the women’s league favoured Foreign Affairs Minister Nkosazana Dlamini Zuma. The league, however, refuted this saying it would ”speak for itself” once it had consolidated the provincial nominations.
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/ 21 November 2007
<a href="http://www.mg.co.za/specialreport.aspx?area=ancconference_home"><img src="http://www.mg.co.za/ContentImages/321750/Icon_ANCconference.gif" align=left border=0></a>The battle for the leadership of the African National Congress (ANC) enters a climactic phase this week with the party’s two leagues and nine provincial branches each nominating their final candidates. With less than a month to go before the ANC elective conference, the nine provinces are to hold special meetings to consolidate nominations.
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/ 19 November 2007
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The battle to lead the ruling African National Congress (ANC) has boiled down to President Thabo Mbeki and his former deputy, Jacob Zuma, in a clash that has shaken the party to its core. There are no signs that an economic boom will end anytime soon but millions of South Africans mired in poverty are waiting for the ANC to ease their hardships.
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/ 12 November 2007
President Thabo Mbeki has denied that the government is behind the Koni Media Holdings’ bid to buy media giant Johncom. He described as ”irrational” the media storm around the bid by Koni — which is partly owned by Foreign Affairs spokesperson Ronnie Mamoepa, presidential political adviser Titus Mafolo and former chief of protocol Billy Modise.
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/ 7 November 2007
South African investment firm Mvelaphanda Group (Mvela) said on Wednesday that it was in talks that may affect its share price if successfully concluded, sending its stock price higher. Mvela said the cautionary was not related to the deal in which the firm said it had agreed with fund management group Allan Gray to buy up to 30% of Johnnic Communications’ media unit.
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/ 5 November 2007
Koni Media Holdings on Sunday denied government involvement in its bid to take over media and entertainment company Johncom. ”Koni Media strongly denies any involvement of the Presidency or any other government structures in its bid for a 100% stake in Johncom,” said group CEO Groovin Nchabeleng.
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/ 2 November 2007
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The battle for leadership of the African National Congress (ANC) would be either a two- or three-way race, businessman Saki Macozoma told students and academics at the University of the Witwatersrand on Thursday. ”That’s what I read,” he said in a lecture facilitated by the Platform on Public Deliberations.
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/ 28 October 2007
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The tripartite alliance will not survive if Thabo Mbeki is re-elected president of the African National Congress in December, Congress of South African Trade Unions (Cosatu) general secretary Zwelinzima Vavi said on Sunday. ”A status quo will see the destruction of the alliance itself,” he told what was in essence a Jacob Zuma election rally in Kimberley.
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/ 25 October 2007
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South African businessman Tokyo Sexwale said on Thursday he had not ruled out joining the race to head the African National Congress (ANC), a position that traditionally leads to the country’s presidency. ”I haven’t made a final decision. I am waiting for the nominations process,” he told the Cape Town Press Club.
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/ 25 October 2007
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Most South Africans think Jacob Zuma will become South Africa’s next president, TNS Research Surveys said on Thursday — although many also fear a Zuma presidency would be disastrous. Two thousand respondents were asked in a survey who would become the next president of South Africa in 2009.
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/ 18 October 2007
Freedom of expression is a right South Africans should not have to ask for, businessman Tokyo Sexwale told a gathering at the Star’s 120th anniversary celebrations in Johannesburg on Wednesday. ”You have the right, you don’t have to ask for that right … you have won that right by being citizens of this country,” said Sexwale.
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/ 11 October 2007
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President Thabo Mbeki’s chances of staying on as leader of South Africa’s ruling party improved on Thursday when the party said the biggest share of regional votes in a leadership contest would go to his stronghold. Mbeki, barred from seeking re-election as national president in 2009, has signalled he intends to stand for a third term as African National Congress (ANC) leader.
Winnie Madikizela-Mandela has apparently thrown her weight behind leading businessman Tokyo Sexwale for the African National Congress presidency. Meanwhile, audited ANC membership figures have confirmed the Eastern Cape as the party’s strongest province, media reports said on Tuesday.
The battle for the leadership of the African National Congress (ANC) is becoming ever dirtier and fuelled by paranoia in the final weeks before delegates vote for the as-yet undeclared candidates. The challenge on the surface appears a straight contest between incumbent Thabo Mbeki and ANC deputy president Jacob Zuma.
So-called surprise visits by businessman Tokyo Sexwale to branches of the South African Students’ Congress (Sasco) have raised the ire of the student body. ”We demand a public apology from Mr Sexwale for bringing the name of our organisation into disrepute,” said Sasco president David Maimela on Wednesday.
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/ 14 September 2007
South Africa cannot afford to lose the tripartite alliance, businessman Tokyo Sexwale told students in Johannesburg on Friday. ”We can’t have a Cosatu [Congress of South African Trade Unions] that feels that it has got serious difficulties with the ANC [African National Congress],” he said.
Lawyers expect some 300 prisoners free within days.