Kaya 959 Kaya Biz

Unions push back against MTN’s planned takeover of Telkom.

Loading player...
The National Union of Metalworkers of South Africa (Numsa) says the planned buyout of telecommunications group Telkom by MTN should be rejected, warning that the privatisation of the partially State-owned enterprise (SOE) will be detrimental to the working class and the economy.

Earlier in July, Telkom and MTN announced that they were in the early stages of discussions for the potential transaction that will see MTN acquire Telkom.
20 Jul 2022 4AM English South Africa Business News · Investing

Other recent episodes

Property market trends for 2026

South Africa’s property market in 2026 will be shaped less by expansion and more by resilience, adaptability, and risk management, according to Waldo Marcus, Director at TPN Credit Bureau. With residential rental shortages driving escalations of 4.5% to 5.5%, commercial rentals under pressure, and widening disparities between well-governed and poorly…
21 Jan 2PM 17 min

What ABSA,Standard Bank executive moves signal for SA Banking business

There’s a shuffling of executives among the big banks, last year saw Jason Quinn, interim CEO of Absa leaving Absa and heading to Nedbank to take up the reign as CEO as well as Kenny Fihla leaving Standard Bank and going to Absa. Zwelakhe Mzwakhe Mnguni, Chief Investment Officer &…
21 Jan 2PM 8 min

Global fashion, local impact and lessons from Valentino’s business legacy

The fashion world is marking the passing of Italian designer Valentino Garavani, the founder of the Valentino fashion house and one of the architects of modern luxury. Over decades, his work became closely associated with global fashion capitals and with retailers and luxury groups that helped take haute couture into…
20 Jan 3PM 22 min
All episodes