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Sipho Maseko

latest news & developments
After a lengthy process, Impala Platinum’s takeover of Royal Bafokeng Platinum (RBPlat) was finally completed in July. Photographer: Waldo Swiegers/Bloomberg via Getty Images
FIRSRAND

Corporate news that made headlines in 2023

The M&G takes a look back at the share price crashes, the historic leadership changes and the surprising appointments

  • Sarah Smit
5 min read
Digital Technologies Minister Mondli Gungubele
AFRIFUND

Gungubele: Government won’t sell its stake in Telkom

The communications minister said the telecommunications company was still strategic to the state’s programme

  • Lizeka Tandwa
2 min read
AFRIFUND

Telkom shares soar as Sipho Maseko’s acquisition bid confirmed

The former chief executive is credited with saving the company by making inroads into the mobile market

  • Sarah Smit
2 min read
Ring me: Ex-Telkom boss Sipho Maseko could be looking to buy it to facilitate a merger with MTN, challenging Vodacom’s dominance. Photo: Waldo Swiegers/Getty Images
AXIAN TELECOM

Getting in on former Telkom CEO Sipho Maseko’s game plan

Analysts suggest the former chief executive is interested in taking over Telkom in order to facilitate a deal with MTN, consolidating the local telecommunications space

  • Anathi Madubela
6 min read
On the brink: Telkom is on its way down. (Photo: Gallo Images/Lefty Shivambu)
COVID 19 PANDEMIC

Is Telkom on the brink of extinction?

The share price of South Africa’s third-largest mobile operator has gone down by more than 85% since reaching its all-time high in 2007

  • Anathi Madubela
6 min read
Africa’s largest mobile operator by subscription, MTN, has called off its talks with Telkom about a proposed takeover.
BROADBAND

MTN’s focus on fibre might be the only way for it to regain market share

MTN SA has made two new executive appointments, in its technology and fibre divisions, as part of its efforts for it to grow its fibre business

  • Anathi Madubela
4 min read
Freedom to express fundamental rights versus administrative action by the South African Revenue Service exposes a fundamental link to communal interests and justice in a constitutional democracy. (Oupa Nkosi)
ATHOL WILLIAMS

‘Bain was happy the focus was only on Sars’: Athol Williams

The whistleblower fears that Zondo’s recommendation that the firm’s contracts with public entities be scrutinised will be stonewalled – and implicates Telkom.

  • Emsie Ferreira
8 min read
On the spectrum: Telkom’s incoming chief executive Serame Taukobong says broadband spectrum release is critical to economic growth, stating that internet access has a direct impact on a country’s GDP. (SIMZ)
5G

Telkom’s new CEO calls for end to spectrum auction delays

Serame Taukobong says, if done right, the auction of new broadband spectrum will help level the playing field

  • Sarah Smit
5 min read
Growing: Outgoing Telkom chief executive Sipho Maseko leaves behind a stronger telecommunications company, having largely completed the move from voice and fixed-line to mobile. (Waldo Swiegers/Bloomberg/Getty)
8TA

Telkom’s long game bears fruit

The partly state-owned firm has battled the odds to become the third-biggest mobile operator in SA

  • Sarah Smit
6 min read
Serame Taukobong
COVID 19

Serame Taukobong appointed as Telkom’s chief executive designate

The telecommunication group’s current chief executive, Sipho Maseko, will step down at the end of June 2022

  • Sarah Smit
2 min read
Critics say Telkom is attempting to slow the rolling-out of high-speed broadband.
DATA

Telkom turns to mobile and fibre as landline business takes knock

​Telkom is steering its business towards "new revenue streams", such as mobile, data and the internet

  • Lameez Omarjee
3 min read
SIPHO MASEKO

Telkom directors’ pay rises as employees face job cuts

Telkom, who’s embroiled in a fight with unions over a plan to cut jobs, more than doubled its executive directors’ wage bill in fiscal 2015.

  • Renee Bonorchis
1 min read
SIPHO MASEKO

Telkom to cut staff in half to lower costs – union

The union plans to take Telkom to court to prevent the firing of 9 500 of it’s workers but the company says no such number has been specified as yet.

  • Chris Spillane
2 min read
JACQUES SCHINDEHUTTE

Suspended Telkom CFO’s hearing to conclude by year end

Jacques Schindehutte, Telkom’s suspended chief financial officer, expects a disciplinary process into his alleged misconduct to wrap up before 2015.

  • Chris Spillane
2 min read
Telkom
CHRIS SPILLANE

Telkom boss ordered to attend corporate governance course

Telkom chief executive Sipho Maseko has been ordered to attend a corporate governance course or face a R1-million fine or criminal prosecution.

  • Paul Burkhardt
  • Chris Spillane
2 min read