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Telkom SA SOC Limited is a South African wireline and wireless telecommunications provider, operating in more than 38 countries across the African continent.Telkom is majority state-owned (55.3%) with the South African government owning 40.5% of Telkom, while another 14.8% is owned by another state-owned company - the Public Investment Corporation (PIC), which is closely linked to the South ...
in October 2021, Telkom has approached Independent Communications Authority of South Africa to report spectrum arrangements between competitors Vodacom and Rain. Telkom argues Vodacom’s ability to control Rain’s spectrum entrenches its position as a dominant player in a highly concentrated market. An investigation is still underway.
The Independent Communications Authority of South Africa ( ICASA) is an independent regulatory body of the South African government, established in 2000 by the ICASA Act to regulate both the telecommunications and broadcasting sectors in the public interest. Traditionally, telecommunications and broadcasting services operated separately and so ...
South African telecoms company Telkom SA <TKGJ.J> told unions on Wednesday it could cut up to 3,000 of more than 15,000 staff as it struggles with declining performance in fixed voice and fixed ...
Telkom said it expects headline earnings per share (HEPS), the main profit measure in South Africa, to have tumbled by between 65% and 70% for the full year ended March 31 from 619.2 cents in the ...
South Africa has four licensed mobile operators: MTN, Vodacom (majority owned by the UK’s Vodafone ), Cell C (75% owned by Saudi Oger, an international telecommunications holdings firm), and 8ta, a subsidiary of Telkom. In 2012, mobile penetration was estimated at more than 10%, one of the highest rates in the world. [4]
A beneficiary fund is defined as a pension fund organization in the Pension Funds Act No.24 of 1956 of South Africa, as amended in 2008. A beneficiary fund is a uniquely South African entity designed to accept and administer lump sum death benefits allocated in their discretion by retirement fund trustees to the minor dependants of deceased retirement fund members, as set out in section 37C of ...
Allan Gray is an investment management firm headquartered in South Africa, established with the objective of offering a range of investment solutions. [1] In addition to its primary location, the firm has expanded its operations to include offices in Botswana, Namibia, and Eswatini, reflecting its broader geographic reach within the region.
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