đź”’ PREMIUM: Abedian: Don’t swallow KPMG, McKinsey spin – global businesses now fighting for their lives
Iraj Abedian, respected and principled CEO of Pan African, isn’t buying spin doctoring from corrupted and deeply implicated KPMG and McKinsey.
Iraj Abedian, respected and principled CEO of Pan African, isn’t buying spin doctoring from corrupted and deeply implicated KPMG and McKinsey.
Business leaders said trust between the government and the private sector was destroyed when President Jacob Zuma fired his finance minister Pravin Gordhan in March.
Telkom SA, South Africa’s biggest landline provider, said on Wednesday that it remained in talks with telecommunications operator MTN to extend their roaming agreement to include the outsourcing of Telkom’s radio access network.
Telkom SA, said its first-half profit fell 62 percent. The company, following months of restructuring to cut costs, has laid off 406 managers.
Telkom SA, South Africa’s biggest landline provider, posted an expected 67 percent drop in first-half earnings on Monday, hit in part by restructuring costs after it had to let go hundreds of workers.
Telkom SA slashed its half-year earnings forecast by up to 70 percent from a year ago, citing costs related to an ongoing restructuring process.
More than 300 managers at South African fixed-line operator Telkom SA have left the company voluntarily as part of a restructuring, the Solidarity union said on Thursday.
Telkom SA will cut an unspecified number of management staff by the end of this month, the fixed line operator said on Tuesday, pushing ahead with a restructuring plan that has been opposed by organised labour.
JOHANNESBURG (Reuters) – South Africa’s telecoms regulator published final telephone network connection rates on Monday that increase the amount small operators can charge their dominant rivals from next month. The Independent Communications Authority of South Africa (ICASA) has been on a quest to reduce the rates, which analysts say keep tariffs in Africa’s most advanced … Read more
JOHANNESBURG (Reuters) – Two unions representing some of Telkom SA’s workers said on Tuesday they would take the South African landline provider to court over possible retrenchments. The South Africa Communications Union (SACU) said it believed Telkom was about to let go of about 9,000 of its 19,000 employees over the next six months, a claim the company … Read more