About
Subscribe

Molefe exits Telkom board

Johannesburg, 06 Mar 2008

Public Invest Corporation (PIC) CEO Brian Molefe has been removed from Telkom's board of directors with immediate effect.

Telkom yesterday issued a notice to shareholders saying the move was initiated by PIC. Molefe was appointed to Telkom's board at the end of January, replacing Tshepo Mahloele.

Molefe is to be replaced by Athol Rhoda, a member of the PIC's board of directors.

Related stories:
Telkom looks to survival
Telkom copper losses escalate
Vodacom 'under no illusions'
Vodacom BEE deal stalls
Telkom to go mobile?
Cable nails Telkom
USAASA appoints former Telkom specialist
Brian Molefe joins Telkom board
Telkom profits under pressure

Share