Johannesburg - Telkom [JSE:TKG] shares jumped more than 4%
after it announced the appointment of five independent non-executive directors
to fill posts vacant since October, it was reported on Friday.
Business Day reported that Telkom chairperson Jabu Mabuza
welcomed the new appointments' positive contribution to the company.
"It is encouraging that in just a few weeks we have
made significant strides in addressing the issues of leadership and government
relationships with Telkom," he said.
Joining the board were former Absa directors Louis von
Zuener and Susan Botha, Anglo American Southern Africa head Khanyisile Kweyama,
Global Alliance managing director Clive Fynn and Employee Pension Fund
investment trustee Fagmeedah Peterson.
The company now had a 14-member board and was looking for a
new group CEO to replace Nombulelo Moholi, who was serving her notice period.
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