This despite Black Management Forum's loathing of impending appointment of white person.
Rob Shuter’s background in banking and his experience running a multi-territory operation for a large global telecommunications operator make him an ideal candidate to take the reins at MTN Group next year, experts said this week. JSE-listed MTN, which announced Shuter’s appointment on Monday morning, said the senior Vodafone executive will take the helm by July 2017 — a long wait, but presumably required because of restraints placed on him by his cu... Read more
Drain meets taxpayer money as another state institution tanks, quite predictably.
Telkom has walked away from talks to buy state-owned telecommunications infrastructure provider Broadband Infraco, TechCentral has learnt. According to a well-placed source, the parties could not agree on price. This was after Telkom completed a due diligence of Infraco. Telkom offered to pay R1 for the troubled company, according to the source, while Infraco was apparently seeking “several hundred million rand” for the deal to proceed. Neither party i... Read more
Utterly useless, thoroughly corrupt and entirely inefficient communications department terribly proud of hamstringing country.
Telecommunications clearly facilitates economic growth and participation. As such, countries should care about competitive outcomes in this sector. When competition works it can result in expanded services and lower prices, and it can stimulate innovation. The South African record of telecoms policy and regulation has been poor. Regulations that would allow competitors to access essential infrastructure have been part of government policy since 2007. But t... Read more
Rest of staff not expecting same increase.
Cellular giant Vodacom had doubled the remuneration package of its chief executive, Shameel Joosub, in the year to March to R22 million on improved growth, it said in its annual report released on Friday. Joosub was paid R22m, including R14m of short-term incentives compared with R11m last year, which included R3.7m of short-term incentives.... Read more
Operator doth speaketh with forked tongueth.
Fin24 users have questioned whether Telkom will really do away with its line rental item cost in consumers’ bills or just absorb the cost in other bill items. Line rental is the fee Telkom charges for its customers to have an active phone line connected to their homes. Telkom users are then also charged extra for voice calls and data on top of the line rental fees. ... Read more