Telkom SA, the inconvenient Truth

Telkom is our largest Fixed Line Telephone and Internet Provider Company; originally founded in Johannesburg in 1891; government owned at first but going public somewhere around 2002; the share came on the market at 28 bucks; 50% was “retained” by Government.

 It was an immediate success when it went public and the share once reached 140 bucks I think but today it is languishing at between 16 and 17; even the Government is concerned.

 Being Telkom, they still have the ears of Government and make the Rules but Government appoints the Board of Directors; the past few years have seen many changes.

 Telkom’s main problem is that they appointed mainly Government sheepolls as employees and these fellows soon became quite adept at hiding the truth from Management and Government.  The few honest employees working their hearts out for their Company and its Customers are thwarted in their efforts by the unruly hoodlum and gangster type that is Ruling the Roost.

 When you get to read this Post, help us to force an interview with the new Telkom CEO.

The saga never ends.  There is more:

 http://www.fin24.com/Companies/ICT/8ta-brand-to-become-Telkom-Mobile-20130304

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9 Responses to “Telkom SA, the inconvenient Truth”

  1. nolanimrod Says:

    Retained. Isn’t that what the Barbary pirates used to do with the ships and crews they encountered? They were retained?

    • Ike Jakson Says:

      Good morning Nolanimrod

      Yes old Friend, you do have the right word; if the choice were mine they would all be retained in a dungeon.

      Arrogance is hardly a description; it would be a good idea to strip them of that whilst retaining them in the dark pit.

      Thanks again for the email about the aged!

      • nolanimrod Says:

        Perhaps you should reprint it. I think some of your readers would get their day started with a good laugh.

      • Ike Jakson Says:

        Hi Nimrod of NOLA

        I recorded 115 reads on it and I am sure the Telkom hoodlums have read it.

        How do I reprint it?

        Also watch this space for something for you soon.

        IkeJ

  2. Tussle for Telkom top job | CENSORBUGBEAR.org Says:

    […] Telkom SA, the inconvenient Truth […]

    • Ike Jakson Says:

      Will you help me out, dear Friend

    • Ike Jakson Says:

      Thanks BUGBEAR

      I battled a bit to get into your Site but will for sure try again. It seems we are on the same wavelength on many things and I would like to stay in touch with you and your Page. IkeJ

  3. Telkom to pay R449m administrative penalty Says:

    […] Telkom SA, the inconvenient Truth […]

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