HOW MUCH MONEY DOES TELKOM MAKE!

[Cerberus]

"Finance Minister Trevor Manuel can expect a cheque for R195-million in share dividends from Telkom shortly, Public Enterprises Minister Jeff Radebe announced on Wednesday.

Addressing the Public Enterprises Portfolio Committee of the National Assembly, Radebe made the announcement — to cheers from both governing and opposition parties serving on the committee — that:

"Arising from the interim results released on Monday, my colleague the Minister of Finance can shortly expect a cheque for R195-million in share dividends paid on the back of the 90c per share of the 557 million shares available." "

http://business.iafrica.com/news/287870.htm

You know I always thought that their expenses were justified to what ever they do like the sat3 line or even the old sat2 line but this... this is just insane! If they do so well where is our 1st class service?!?

 

[aels]

this is unbelievable .... you know the feeling when you see a nice car or girl (sorry girls) ... almost like a burning sensation in your heart, that sad feeling [V]

now seeing that figures gives me that feeling .... how ridiculous is this. that is why they don't give a shiaaat , cuz they can do whatever they want , they make their money .... they don't have to market their products or compete with any competitors, they sit back and laugh at us .. I can see them now ... grrrrrrrr [!]

makes me SICK and that is why South Africa will always be 3rd world and will always stay there

I am now fed up with england (4 years are too much), going back to SA just to try and sort some sort of American visa or something then I am out of there .... South Africa sucks .. no sorry , Telkom SUCK big time !!!!

 

[Jerrek]

Damn. That company is so damn profitable. If I had money I'd buy stock in it.

That is what, $60 million in DIVIDENDS? The CEO and President of the biggest cigarette company makes $900,000 a YEAR.