Former CEO and bidder for control of Telkom joins retailer’s high-powered board as nonexecutive director
Former Telkom CEO Sipho Maseko has taken up a board position with retail giant Shoprite, where he will be joined by Hlengani Mathebula, the erstwhile chairperson of the Eskom Pension and Provident Fund.
Maseko, who is part of a consortium seeking to take control of Telkom in an audacious multibillion-rand bid, becomes an independent non-executive director the SA’s biggest grocer with immediate effect...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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