All data is delayed
See More

Telkom jumps on board appointments

Dec 14 2012 08:30

Company Data


Last traded 69
Change 2
% Change 3
Cumulative volume 129082
Market cap 0

Last Updated: 07-10-2015 at 09:55. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Telkom appoints new board members

S&P downgrades Telkom

Ailing Telkom faces bigger fine

New Telkom chair takes on government

Sharp drop in Telkom profits

Mangaung to decide Telkom's fate


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.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote