Former Telkom CEO Sipho Maseko and Eskom Pension Fund’s ex-chair Hlengani Mathebula join Shoprite’s board as independent non-executive directors.
- Maseko, part of a consortium bidding to take control of Telkom, brings his expertise to SA’s largest grocer.
- The high-powered board includes industry stalwarts like Wendy Lucas-Bull (Chair), Christo Wiese, and Nonkululeko Gobodo.
- Shoprite expresses enthusiasm for the valuable contributions of Maseko and Mathebula.
- Maseko’s involvement in the bid for Telkom signifies his return to the business spotlight after stepping down in 2021.
- Telkom has thus far resisted the consortium’s attempts to gain control, as reported by Business Day.