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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Telkom

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Business / Economics

Telkom S.A Reports Strong Financial Performance Driven by Mobile and Fibre Sectors

Telkom, South Africa's third-largest mobile operator, has announced robust performance in its mobile and fibre sectors, leading to increased operating profits and margins for 2024. The company reported a 1.6% rise in group revenue to 43.2 billion rand, with core profit up by over 5% to 10 billion rand. Management expressed optimism about paying dividends by 2025, citing their digital infrastructure and ICT capabilities as key drivers for sustainable growth.

todayJune 19, 2024 31

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South Africa

The DA in South Africa says the Department of Public Works and Infrastructure’s asset management record has become a national liability

The DA in South Africa says the Department of Public Works and Infrastructure’s asset management record has become a national liability. The department has launched an internal investigation into the mismanagement of the Telkom Towers complex, the headquarters of the South African Police Service, in Pretoria. This is after the building was declared uninhabitable. The department currently oversees 56-thousand-393 buildings. The DA’s, Sello Seitlholo, says the department’s mandate to manage […]

todayMarch 11, 2024 38

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