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Telkom gets new CFO

Jun 29 2011 14:06 Reuters

Company Data

All Share [JSE : J203]

Last traded R32,992.25
Change R-53.88
% Change -0.16%
Cumulative volume 193.41m
Market cap R0.00

Last Updated: 25/05/2012 at 19:33. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Telkom Sa Ltd [JSE : TKG]

Last traded R23.81
Change R0.03
% Change 0.13%
Cumulative volume 3.22m
Market cap R12.40bn

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Absa Group Limited [JSE : ASA]

Last traded R150.00
Change R0.00
% Change 0.00%
Cumulative volume 1.30m
Market cap R107.73bn

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Telkom dealt blow in Nigeria case

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Telkom hit by lower earnings

 

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 Johannesburg - Telkom [JSE:TKG] on Wednesday named Jacques Schindehutte as chief financial officer as the troubled fixed-line operator tries to make a turnaround.
 
Telkom, which has the government as its largest shareholder, has had trouble maintaining senior management.

Jeffrey Hedberg, who was named acting CEO in July 2010, stepped down when his contract expired at the end of March. Former CEO Reuben September left last year and was later followed by chief financial officer Peter Nelson.
 
Schindehutte was until recently the group financial director at South Africa's biggest retail bank Absa Group [JSE:ASA].

Telkom shares were up 1.7% at R36.05 in afternoon trade, outperforming the JSE All Share [JSE:J203] index that is nearly 1% up.

 
 
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