Telkom earnings rise on mobile & fibre growth and Comp Commission raids scrap buyers over price-fixing

Stephen Grootes speaks to Lunga Siyo, CEO of Telkom Consumer about the telecoms latest results, which show a marked improvement in earnings as the group continues to shift its revenue mix toward mobile and fibre. The numbers reflect solid growth in mobile service revenue, rising data usage, and continued expansion of fibre connections, offsetting ongoing declines in legacy fixed-line voice services.

In other interviews, Makgale Mohlala, Manager of the Cartels Division at the Competition Commission talks about the Commission’s sweeping search‑and‑seizure raids on major scrap metal buyers, the allegations of coordinated price fixing in the ferrous scrap market, and how the investigation could reshape South Africa’s already embattled long steel sector.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
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