« SA exporters warned not to forget Africa's opportunities | Main | Vodacom wants more empowerment »

July 29, 2008

Telkom to take a 10% hit from Vodacom's BEE deal

Vodacom have announced a "full service", mammoth BEE deal which is the largest yet done in the industry. But it comes at a price.

Telkom's (JSE:TKG) earnings per share will take a 10% knock this year following the announcement of Vodacom's R7,5bn black economic empowerment deal, the group has announced.

Read More

Posted by StaffWriter at July 29, 2008 7:38 AM