Telkom announces Nkenke Kekana's resignation

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Telkom today announced the resignation of Nkenke Kekana, Group Executive for Regulatory Affairs and Public Policy.

Kekana will leave at the end of June to pursue other career opportunities.

"I have a learnt a lot in the two years that I spent at Telkom, and - together with the Telkom team - made a contribution in positioning the company for competition," said Kekana.

CEO Sizwe Nxasana said Kekana played a key role in the changing regulatory environment and the liberalisation of the ICT sector.


He praised him for his efforts in building and facilitating relations between Telkom and its stakeholders, including government.
 
"Kekana played a key role in the changing regulatory environment and the liberalisation of the ICT sector"

Bwhahaha, a key role in delaying any constructive outcome yes!
 
Geepers, all this jumping ship..... wonder what's going on inside their ivory tower
 
Kei said:
Geepers, all this jumping ship..... wonder what's going on inside their ivory tower

They know that there are rough times ahead, and rather than fall from grace in a competitive environment where they know they're going to k@k, they'd rather leave and be remembered as the ones who made uber profits for the shareholders.
 
Yes... I agree with you... but, seriously, what, the end of their profits? Cheaper telecoms? I was so sure that Telkom would be raping the public for the next 20 years at least
 
Methinks somebody is going to rename Teklom the beeg white elephant, and this will be a real problem when the "look like me" comment is read in the same context.

Teklom is looking more and more like a bad company to be involved with as their client's attitude towards them begins to turn downright nasty. This nastyness is spreading to Teklom's lifeforce, it's employee's.

Something has to give.

But - management know this, and it's all part of the plan. A sudden turnabout is in order, with employee requirements shifting to the top of the list, just under client requirements. Shareholders will be told that they've had a good ride, but now the company has to face competition, and must change.

Shareholders will indicatre their objections to this move strongly, leaving only one possible outcome:
- Fat (Heaveee weight) cats will be given a section to start as an independant company, which tekom will be forced to use for 3 years minimum.
- Fat (Middle weight) cats will be paid out and released, with options to consult as the go-betweens between teklom and the newly founded companies.
- Existing employee's will be re-shuffled into different segments of the company, and then removed when their functionality is found to be redundant as the functionality is now provided by the new companies created.
- New employee's will be put into help-desk positions, where they will be too innocent to complain.

There - nice teklom. Diversification of the giant has begun. Teklom is now even more BEE compliant. Everybodee's smiling.

And the customer ?
Who cares - SNO need to be able to make a profit, so, no, call rates will not drop, otherwise SNO will struggle.
 
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But - management know this, and it's all part of the plan. A sudden turnabout is in order, with employee requirements shifting to the top of the list, just under client requirements. Shareholders will be told that they've had a good ride, but now the company has to face competition, and must change.

It is a coincidence you say this, I heard that being said in a corridor once at the exchange I was at...
 
Kei said:
Yes... I agree with you... but, seriously, what, the end of their profits? Cheaper telecoms? I was so sure that Telkom would be raping the public for the next 20 years at least

Oh don't worry - they will. The difference is that profit margins are going to shrink. Shrinking profit margins don't look nearly as appealing to shareholders as the current profit margins... and the shareholders will be left dreaming of the days when $izwe ran the company. Of course, everyone involved in this scenario is too dumb to realize that even our health minister could make the kind of profit margins they're making in the current environment.. the result - $izwe looks like a g0d, scooping up fantastic awards handed to him by social traitors who don't even live in the country anymore.

Of course, it's not all over for telkom. With ivy (for anyone wondering, the lack of capitals in names is intentional) ensuring that she has the final say in any legislation proposals in the telecoms sector, you can be sure that even the competition between telkom and the sno will be very tightly regulated. We'll have a scenario where telkom drops its prices a little to "compete" with the SNO, and we'll have the SNO set its prices similar to what telkom have done. This way, they dupe the customer into thinking that the competition has given us another R50 off our ADSL (and stoopid consumers snap this up and are happy), and the shareholders for both companies are happy. Telkom have stated time and time again that shareholders want a return on their investment - don't for one minute think that this is not true for the sno's shareholders.

It's a win win for everyone..... except us. Welcome to iAfrika. Please hand your wallet to the little bald man with the big smile at gate 3, and your soul to the nice man with horns at gate 5. Enjoy your stay.
 
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Dont want to bust anyones ballz, but telkom is here to stay. If competition do end up pushing them to actually offer competitive products at realworld prices, they will just do that. In a sense telkom will manage to have some form of upperhand in whatever goes around.
 
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