Telkom’s board has rejected a proposal from a consortium that includes its former group CEO, Sipho Maseko, saying it’s “not in the best interest of shareholders”. The consortium comprised Maseko’s Afrifund Investments along with Mauritius-based Axian Telecom and the Government Employees Pension Fund. Telkom received an “unsolicited and non-binding indicative letter” from…
Telkom spurns Maseko consortium - TechCentral techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.