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Socikwa is new SNO spokesman

By Rodney Weidemann, ITWeb Contributor
Johannesburg, 20 Feb 2004

Karl Socikwa, CEO of Transtel, one of the state-owned enterprises (SOEs) that are shareholders in the second national operator (SNO), has been named as the organisation`s new spokesman.

This follows the resignation of Dr Enos Banda, CEO of Eskom Enterprises - which owns Esi-Tel, the other SOE involved in the SNO - who was serving as both the entity`s spokesman and interim chairman.

Although Socikwa served as chairman at last night`s SNO board meeting, which was convened to find a replacement for Banda, he has not been confirmed as the SNO`s new interim chairman, with the board still to decide who will serve in this capacity.

Dominic Sewela, who has taken over as acting CEO of Eskom Enterprises, has replaced Banda on the SNO board.

The SNO shareholders comprise the state-owned enterprises Esi-Tel and Transtel (each holding 15%); 13% shareholders CommuniTel and Two Consortium; and black empowerment company Nexus Connexion (19%), with a further 25% shareholding presently warehoused.

Banda stated earlier this week that he chose to leave Eskom Enterprises because he had been offered an opportunity in the financial sector, although he said that he was not at liberty to divulge which company he would be joining.

Related stories:
Interim SNO chairman resigns
Gazing into the telecoms crystal ball
Will 2004 be a good year for telecoms?

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