Telkom gains over 5% as investors welcome R100m AI push

JOHANNESBURG - Telkom shares jumped by over 5% following the group's AI investment announcement.

The telecoms giant pledged R100-million to establish its Telkom AI Institute.

It's aimed at equipping young people, small businesses and underprivileged communities with AI and digital skills.

Telkom said the investment is aimed at helping more South Africans participate in the digital economy.

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