Telkom is in the process of auctioning off the unused commercial property in its real estate portfolio, with the next batch of buildings set to go under the hammer in August.
Former Telkom group CEO Sipho Maseko earned R34,199,625 for the nine months he served at the company from 1 April to 31 December 2021.
The Congress of South African Trade Unions (Cosatu) says it rejects the proposed takeover of Telkom by MTN.
MTN has advised shareholders that it has entered into discussions to acquire the entire issued share capital of Telkom in return for shares or a combination of cash and shares.
Mteto Nyati and Brian Kennedy have been appointed to the board of Telkom as independent non-executive directors with immediate effect.
Telkom on Tuesday (14 June) published its annual results for the year ended March 2022, showing a marginal decline in revenue. The group cited a sluggish economy, global supply chain challenges, and chip shortages for the slip.
The Independent Communications Authority of South Africa (Icasa) says it is ready to begin the long-awaited auctioning of the International Mobile Telecommunications (IMT) high demand spectrum from Tuesday (8 March).
Network operator Telkom has approached the country's High Court seeking an urgent order to prevent telecoms regulator ICASA from holding a spectrum auction in March.
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