Come next June, Telkom will have a new CEO with its current head honcho Sipho Maseko due to leave the post in 11 months. Maseko announced his resignation from the company last week after turning it around from an ailing state-owned enterprise (the state owns 40.5%) with just three months of cash left in the bank when he arrived on April 1, 2013. Since then, Maskeo has led the company valiantly and the share price has increased from R15 in those early days to just over R42 today, representing an increase of 186%. Financial Mail editor Rob Rose conducts an insightful interview with the outgoing chief executive. (For subscribers)
In the Daily Maverick, Oscar van Heerden writes about the failures of the South African intelligence community going as far back as 2007 when President Mbeki greatly overestimated his chances of retaining the ANC presidency over Jacob Zuma. Van Heerden also looks at how the United States and the United Kingdom run their intelligence agencies and coordinate with the commander-in-chief as well as how the apartheid state could rely on its intelligence apparatus.
The Sunday Times Daily writes in its editorial today about the recent Transnet cyberattack that hit the port authority and brought South Africa’s ports to a standstill. The news publication highlights the ongoing threat that cyberattacks pose and the need to be very wary of cracks in the IT armour. The latest cyberattack on SA comes after it was recently announced that President Cyril Ramaphosa was targeted in a recent spy scandal.
Here’s a roundup of today’s most interesting opinions and analyses:
South Africa’s Leadership Faces a Decisive Moment – The Editorial Board, Bloomberg (For subscribers)
Pegasus exposes how countries spy – Toby Shapshak, Financial Mail (For subscribers)
Ructions on the eastern front – Giulietta Talevi, Financial Mail (For subscribers)
A dream of Istvan, Hungarian creator of jobs in SA – Peter Bruce, Business Day (For subscribers)
Actually, SA has a KZN problem – Justice Malala, Financial Mail (For subscribers)
You owe it to SA to reshuffle the cabinet – an open letter to Ramaphosa – Lerato Monethi, EWN
Picking up the pieces: Hundreds killed in unrest probably won’t be the last – Earl Coetzee, The Citizen (For subscribers)
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