The Minister of
Communications and Digital Technologies, Mr. Solly Malatsi, has officially
commended Telkom for its outstanding financial results for the fiscal year
ending 31 March 2025. The telecommunications giant reported robust performance,
declaring R1.3 billion in dividends, with over R500 million allocated to the
South African Government as a shareholder.
In statement
issued on Tuesday, the minister recognized Telkom's strategic leadership under
Group CEO Serame Taukobong, noting the company's pivotal role in advancing
South Africa's digital transformation agenda. "Telkom's results
demonstrate the successful execution of their business strategy and their
enduring relevance in our rapidly evolving ICT sector," stated
Malatsi. The Minister highlighted how Telkom's performance reflects effective
corporate governance, innovative approaches, and resilient operations in a
competitive market.
The financial
milestone underscores Telkom's transformation into a modern digital services
provider, contributing significantly to South Africa's connectivity landscape.
As a partially state-owned enterprise, Telkom's success directly benefits
public finances while reinforcing the government's commitment to a thriving
digital economy.
Minister
Malatsi reaffirmed his department's dedication to fostering public-private
collaborations that drive growth in the ICT sector. "We will continue
implementing policies and regulatory frameworks that promote an inclusive,
sustainable digital ecosystem for all South Africans," he added. The
statement signals ongoing government support for initiatives that expand
digital access, improve service quality, and stimulate innovation across the
telecommunications industry.
Telkom's strong
financial position enables continued investment in critical infrastructure,
supporting national goals of universal broadband access and digital inclusion.
The results arrive as South Africa accelerates its digital migration plans and
prepares for next-generation network deployments.
By: Nana Appiah Acquaye
