Telkom to join forces with South African gov’t following Sipho Maseko’s multimillion-dollar bid
The recent developments come after Maseko, through his firm Afrifund Investments, made a bold bid to acquire a 35-percent stake in Telkom.
Sipho Maseko
South African tycoon Sipho Maseko joins Shoprite board shortly after Telkom bid setback
Maseko’s appointment to the Shoprite Holdings board solidifies his position as one of South Africa’s leading business leaders.
South African tycoon Sipho Maseko hits roadblock as Telkom rejects latest bid
Last week, Maseko supported by the Public Investment Corporation, presented a bold bid to acquire a 35-percent stake in Telkom.
South African tycoon Sipho Maseko locks in $608 million to acquire Telkom stake
Maseko secures $608 million in financing for a game-changing Telkom stake acquisition.
Sipho Maseko-led Telkom SA posts $745.47-million Q1 revenue as mobile subscribers grow
Compared with the previous year’s figure, the group’s revenue grew by 3.5 percent.