dirk reyneke

  1. Jan

    Telkom CFO says they are burning through cash unsustainably

    Telkom burning through cash Telkom is burning cash at an unsustainable rate, the company's chief financial officer Dirk Reyneke warned employees in an internal document on Tuesday. "Generally, we have managed our addressable costs reasonably well but the challenging economic and competitive...
  2. Jan

    Little prospect of energy crisis being remedied in near future - Telkom

    Little hope load-shedding will be solved soon, warns Telkom Telkom chief financial officer Dirk Reyneke warned in a presentation to media and investors on Tuesday that they don’t foresee a solution for South Africa’s energy crisis soon. Reyneke said load-shedding had a R700 million impact on...
  3. Jan

    How Telkom let Vumatel (and everyone else) eat its lunch

    Fighting fibre with fibre Telkom released its mid-year financial results on Wednesday — and it wasn’t pretty. Revenue was down 0.7% to R21 billion, mobile service revenue was down 0.7% to R8.78 billion, fixed service revenue was down 9.8% to R6.28 billion, and headline earnings per share was...
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