WATCH: Telkom swings to annual loss of nearly R10bn
Business Day TV talks to Telkom group CEO Serame Taukobong
13 June 2023 - 16:34
byBusiness Day TV
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Telkom group CEO Serame Taukobong: Picture: SUPPLIED.
Telkom has swung to an annual loss. An impairment of R13bn, persistent load-shedding, increased competition and the effects of inflation on constrained consumers led to an overall loss of R9.97bn and dividends being suspended indefinitely.
Business Day TV unpacked the results with the company’s group CEO, Serame Taukobong.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Telkom swings to annual loss of nearly R10bn
Business Day TV talks to Telkom group CEO Serame Taukobong
Telkom has swung to an annual loss. An impairment of R13bn, persistent load-shedding, increased competition and the effects of inflation on constrained consumers led to an overall loss of R9.97bn and dividends being suspended indefinitely.
Business Day TV unpacked the results with the company’s group CEO, Serame Taukobong.
Or listen to full audio
Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.