Telkom confirms impairment

Telkom confirms impairment

Pretoria – Telkom on Tuesday announced its decision to impair the carrying value of its assets by R12 billion with the net asset value being reduced around R34 a share. Last week, the company said its board was considering the impairment, which is a reduction of...
Telkom appoints board members

Telkom appoints board members

Pretoria – Telkom on Wednesday announced the appointment of two new non-executive directors bringing the number of board members to eight that will make it possible to elect a new chairman. Jabulane Albert Mabuza and Kholeka Mzondeki have been appointed to the...