Telkom rejects acquisition proposal from former CEO Sipho Maseko
Telkom says it has terminated discussions with a consortium led by its former Group CEO Sipho Maseko for a bid to buy a slice of the partially state-owned telecommunications company.
The consortium comprises Maseko's Afrifund...
Maseko-led consortium's bid for stake in Telkom rejected
A bid led by former Telkom CEO Sipho Maseko to acquire a share in the telecoms company was rejected, Business Times reports.
The publication has learnt that Maseko's Afrifund Investments and its partner Madagascar-based Axian Telecom had...
Sipho Maseko in bid to buy chunk of Telkom
Africa’s largest asset manager, the Public Investment Corporation, is backing a possible bid led by the former chief executive of Telkom SA SOC Ltd for a 35% stake in South Africa’s third-biggest mobile phone company, according to people familiar with...