Telkom: state might not sell
The government doesn't want to sell its stake in Telkom, sources say.
18 June 2023 - 06:56
The minister overseeing the government’s sizeable equity stake in Telkom is not in favour of the state relinquishing or diluting its 40% shareholding in the telecoms company.
Business Times has learned from numerous sources in and outside of government that communications & digital technologies minister Mondli Gungubele is opposed to government reducing its stake in Telkom. The Mail & Guardian also reported Gungubele as saying he would be worried if the government were to support a majority stake elsewhere...
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