Gathunuku
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Telkom Kenya Restructuring III
Posted: September 22, 2007, 6:28 pm by Gathunuku
Yes a third installment and no they haven’t sorted this yet. Telkom’s debt problems and bloated workforce (see this story on BDAfrica and good luck with the typos and sloppy grammar) are too blame now.
GOK’s apparent promise to sell off Telkom completely debt free seems like bending over backwards. They have done a great job, some might argue, of protecting the status of what should rightly be a national champion in the wake of Neanderthal management practises. Hiring and maintaining a lot more workers than necessary and responding to competing new technologies in a most lethargic fashion was never going to turn a profit.
Neither substantiate Twasema Twatenda.
But the past is just that and the potential in Telkom is still there in abundance. So hurry up, the good men and women at Treasury sort the inevitable staff downsize. Debt swaps can wait to see another day. Telkom is still in a much enviable position of realising it’s full potential, as it is demonstrating with the modest wireless roll out, and suitors should not be put off by a spot of debt.
The much more politicised staff downsize should be the only grievance such suitors should have.
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Not so special
Posted: September 20, 2007, 2:22 pm by Gathunuku
After that lacklustre draw with Rosenborg and the inevitable egg on Jose’s face, the writing was on the wall. Him and Roman of course fell out of love quite sometime ago and reports of the Russian bizarrely grinning ear to ear after Rosenborg took the lead on Tuesday night clearly indicates where his thoughts lay.
Mourinho had to go.
Two league titles in three years, one FA Cup and two Carling Cups is anything but failure. So why is Jose leaving? Of course Chelsea have missed out on the Champions League so far but that’s just an excuse. When you don’t play the striker the boss bent over backwards to bring over and are pretty strong headed in not giving way to the new manager in waiting masquerading as Director of Football who also happens to be the boss’s mate then that’s a problem apparently.
Undermining such a strong character as the Special One was also going to end up like this but maybe Mr. Abramovich need only look at another aspiring giant who having spent obscene amounts on both super star players and high profile managers expected instant success of the invicible kind. Money just can’t buy that kind of success.
Los Galacticos know that first hand. This could be bigger and more unsettling than Thierry leaving.
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Not so special
Posted: September 20, 2007, 1:22 pm by Gathunuku
After that lacklustre draw with Rosenborg and the inevitable egg on Jose’s face, the writing was on the wall. Him and Roman of course fell out of love quite sometime ago and reports of the Russian bizarrely grinning ear to ear after Rosenborg took the lead on Tuesday night clearly indicates where his thoughts lay. Mourinho [...] -
links 06-08-07
Posted: September 6, 2007, 8:28 pm by Gathunuku
- Thank God for StumbleUpon, how else would one ever find out about this man who obviously has problems with taking no for an answer. Utterly hilarious and a bit inspiring actually.
- He’s still at it and still creating a buzz, the chap is so good that they had to name him twice. Jay Jay moves back to English football. Who can ever forget that fantastic gold winning team at the Atlanta ‘96 Olympics! Celestine Babayaro, Taribo West, Kanu, Tijani Babangida, Victor Ikpeba. Great days for African football.
-They can run but clearly cannot hide. Tech doing its bit to bring sense (hopefully) to the next lot.
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links 06-09-07
Posted: September 6, 2007, 7:28 pm by Gathunuku
- Thank God for StumbleUpon, how else would one ever find out about this man who obviously has problems with taking no for an answer. Utterly hilarious and a bit inspiring actually. - He’s still at it and still creating a buzz, the chap is so good that they had to name him twice. Jay Jay [...]
Blah blah blah
Fish cakes
Alas a fish cake.
Yet more fish cakes
Guess what ... yeah ... fish cakes.
The end of the fish cakes
