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Telkom adds to board

SA's fixed-line operator, Telkom, has added to its board. It has appointed David Barber as an independent non-executive director and member of its audit and risk management committee, with immediate effect.

Barber is the former global CFO of AngloCoal and CFO of Anglo American SA.

His appointment comes hot on the heels of that of Peter Joubert, the former chairman of Impala Platinum and Afrox, as a non-executive director with effect from 12 August.

Joubert was CEO and chairman of Afrox for 20 years. He is chairman of BDFM Publishers and Sandvik, and a non-executive director of Transnet, South African Airways, and the SA Brain Research Institute.

Both appointments come after the recent special general meeting, where Telkom shareholders approved resolutions to amend the articles of association. This empowered the company to fill vacancies without having to wait for the next annual general meeting.

These amendments, which also paved the way for the appointment of Telkom's CFO - yet to be chosen - to the board of directors, resulted in the maximum number of Telkom board members increasing from 11 to 12.

Other board members are executive director Reuben September (CEO); independent directors Braham du Plessis and Sisubiso Luthuli; B-class shareholder representative Brian Molefe; and A-class shareholder representatives Ekwow Spio-Garbrah (international), Dr Victor Lawrence (international), Reitumetse Jackie Huntley and Keitumetse Matthews.

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