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Contributing to South Africa’s growth

Contributing to South Africa’s growth. Sizwe Nxasana CEO, Telkom SA Limited 4 March 2005. The Telkom delegation [PMG note: photographs not included]. Sizwe Nxasana CEO. Nkenke Kekana GE: RAPP. Nombulelo Moholi CSMO. Nkhetheleng Vokwana CEO: Foundation. Charlotte Mokoena GE: CFL.

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Contributing to South Africa’s growth

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  1. Contributing to South Africa’s growth Sizwe Nxasana CEO, Telkom SA Limited 4 March 2005

  2. The Telkom delegation[PMG note: photographs not included] Sizwe Nxasana CEO Nkenke Kekana GE: RAPP Nombulelo Moholi CSMO Nkhetheleng Vokwana CEO: Foundation Charlotte Mokoena GE: CFL Lulu Letlape GE: Corporate Comms

  3. Entrenching broad-based share ownership • ▲ Today more than 52 000 historically disadvantaged persons/groups who became shareholders in 2003 will benefit • Value of investment has grown by almost 400% • Government will make free shares available as part of the stipulations of the Khulisa Trust • Education to them in isiZulu, seSotho, English and Afrikaans Creating a platform for your financial growth

  4. Message from a Khulisa shareholder ▲ “When the opportunity arrived I thought that I should just give it a try. I regret why I didn't buy more shares…” “…Being part of Telkom's shareholder make me think that I am part of the history in making, and I feel that the growth that we are experiencing now is just the tip of an iceberg.” Tseliso Job Mohlomi, Khulisa shareholder

  5. Our buying power grows black business BEE procurement spend Enterprise development • In 2004 • BEE procurement spend: 57.8% of all purchases • Actual value: R4.6 billion of total of R7.9 billion • SMME: R719 million • Since 1997 • Total amount spent with BEE suppliers: R26 billion • Building SMME capacity • Price preference: a competitive edge when tendering • Short term payment cycles and reserving tenders • Training 905 BEE suppliers Ranked South Africa’s Top Empowerment Company

  6. Growing new businesses “Not many companies are interested in developing you. Most want you to perform, and that’s that. Telkom is one of the few companies willing to go further. You don’t find that often” Mpontso Mohapeloa, owner of Electrohaps, a computer consumable company

  7. Growing new businesses “In the three years that we have been supplying to Telkom, we have achieved zero defect manufacturing…” “We are a black-controlled company that cascades empowerment down, a black company that is empowering others” Joe Madungandaba, Chairman of Malesela Taihan Electric Cable (M-Tec)

  8. Building a knowledge economy • ▲ R23 million spent on graduate development in 2004 • For 2005 year 91% black students and 202 females targeted • ▲ Post graduate research through Centres of Excellence • ▲ Using our call centres to train learners • ▲R40.5 million spent by Telkom Foundation on education & training, empowerment and ICT infrastructure provisioning projects • ▲Connecting schools to the information society Voted Community Builder of the Year in 2004

  9. Building a knowledge economy “At Telkom I am getting skills for free and, because I get an allowance, I am also helping my family.” Wendy Somzana, learner at Telkom’s Port Elizabeth Call Centre “All the every day worries were taken away by Telkom, and I could concentrate on my Honours studies and excel.” Zukhanye Kwinano, Fort Hare Honours graduate, currently enrolled for her Masters at Rhodes University

  10. An empowered leadership team Black representation (%) 11 members: 9 Black people Including 3 black women 7 members: 6 Black people Including 1 black woman 24 positions: 19 Black people Including 5 black women Vision is set by representative leadership

  11. A representative, knowledgeable workforce Black supervisor representation (%) ▲ Females represent 26.7% of total workforce ▲ Technical development programme aimed at females and blacks ▲ Total spend on training and development in 2004: R390 million (more than 1% of company revenue) ▲294 persons with disabilities employed Black operational representation (%) Reflecting society in our workforce

  12. A new approach to reduce staff numbers ▲Offered voluntary further enhanced separation packages to all managers and bargaining unit employees ▲One-year moratorium on all retrenchments in bargaining unit ▲ Implemented in cooperation with Communication Worker Union and Alliance of Telkom Unions (Solidarity and SACU) ▲Professional support to employees through financial and career planning and counceling

  13. Lowering the cost of doing business in SA • ▲ Market liberalisation: a positive development that will benefit the customer • 10c reduction in long distance • International calls reduced on average by 28% • Local calls increased by only 2.1c per minute • Recent reduction in broadband rates • ▲ Can expect further announcements based upon growth and demand

  14. Connecting more South Africans to the Internet • ▲ Reduced prices on ADSL • BusinessDSL 512: From R800 to R699 per month • HomeDSL 512: From R680 to R599 per month • ▲Introduced entry level ADSL for home users • ▲Free T-zone sessions • ▲More than 50 000 ADSL customers Reaching further to connect more South Africans

  15. Benefits of lower costs ▲International data circuits via submarine cable: reduced between 10% and 25% ▲ Special rates to Call Centre industry ▲Introduced international call cards at reduced prices to Americas, Europe and Australasia

  16. Thank you

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