PARTY

Resignation of Telkom CEO no surprise - COPE

Juli Kilian
05 November 2012

Juli Kilian says Pinky Moholi's departure a result of frustration at govt meddling

Telkom CEO resignation not a surprise

The resignation of Ms Pinky Moholi comes as no surprise although it is regrettable that the fifth CEO in seven years has now left the company.

Together with the resignation of Board Chairman Lazarus Zim recently and of the newly appointed Ms Neo Phakama Dongwana it is indicative of the immense frustration with government's political meddling in Telkom and comes in the wake of the company's general meeting where four directors were booted out by government.

Instead of giving the Executive the space to drive the company's business strategy within a highly competitive industry, government as majority shareholder is not prepared to release its political stranglehold, which makes it directly responsible for the company's deteriorating results.

This creates the distinct impression that it is part of the ANC's political strategy to nationalise Telkom.

COPE rejects this tendency out of hand and calls on government to stop their short-sighted political manipulation - Telkom's infrastructure and national footprint is a national asset which should be managed by professional experts for the benefit of all South Africans - not for the benefit a few political connected friends of the Zuma government who could take advantage if the company is nationalised.

Statement issued by Juli Kilian: COPE Spokesperson on Communications, November 5 2012

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Telkom (1)
There were such high hopes in 1990/91 when Telkom and the SA Post Office Companies were established. The idea was that they would operate on business principles without the constraints of budget limitations set by Parliament and political interference. . .more

by James Bell on November 06 2012, 09:30
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Telkom (2)
a foreign conglomerate who took over management control. The new management placed their own people in startegic positions and quickly got rid of all the "old" highly qualified and experienced senior management.

Notwithstanding everything the . .more

by James Bell on November 06 2012, 09:39
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OUR GOVERNMENT
GUSY RUNS TELKOM AS THEIR HOMES, HOW DO U APPOINT ME IN THE LEARDERSHIP POSITIONS AND BLOCK ALL THE DECISIONS I MAKE, IT IS CLEAR THAT PEOPLE ARE JUST APPOINTED TO WARM THE BANTCH, ANC
WE NEED CHANGE IN LEARDERSHIP OF SA

by AGREE WITH U GUYS on November 06 2012, 11:45
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Africa my beloved land
Africa is rich in resources but it's leaders are poor in their thinking capacity. They are short-sighted. They can't see beyond their emmidiate families and friends. No wonder why Africa is poor with all the gold, diamonds, platinum, agricultural land.

by Vuleka on November 07 2012, 18:29
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