Telkom says it is confident it can fund its planned growth into an infrastructure company but some market pundits are sceptical of Telkom’s balance sheet. Peter Takaendesa, Head: Equities at Mergence Investment Managers, says that the entity will probably need to sell more assets or allow strategic partners to fund the transition.
Mega-themes for investors: digital disruption
Since early 2023, digital disruption has been a key driver of global equity returns. We have seen increased capital spending