Old skeletons heard rattling in closet.
Telkom can now procure goods and services without having to go through the very public tendering process mandated by the Public Finance Management Act (PFMA), a development that will help it keep its strategic plans out of the public eye. Finance minister Pravin Gordhan has signed a notice exempting Telkom and its subsidiaries from the provisions of the Preferential Procurement Policy Framework Act and any regulations made under section 5 of the act.... Read more
Other fibre providers not poeping themselves just yet.
MTN South Africa has reduced the prices of its fibre broadband data bundles by 50% to “boost the competitiveness of its propositions”, it said on Tuesday. In addition, those signing up for a 24-month contract before the end of September will get free installation and router plus bonus data bundles that are the equivalent of the bundle option, it said.... Read more
World's most useless regulator takes part in SA national sport.
The Independent Communications Authority of South Africa has informed its stakeholders that its staff will embark on industrial action from 4 July 2016 until further notice. ICASA assured all stakeholders that operations will continue, and that they intend to “resolve all staff issues on an expedited basis to ensure that business is back to normal as soon as possible”.... Read more
This despite Black Management Forum's loathing of impending appointment of white person.
Rob Shuter’s background in banking and his experience running a multi-territory operation for a large global telecommunications operator make him an ideal candidate to take the reins at MTN Group next year, experts said this week. JSE-listed MTN, which announced Shuter’s appointment on Monday morning, said the senior Vodafone executive will take the helm by July 2017 — a long wait, but presumably required because of restraints placed on him by his cu... Read more
Drain meets taxpayer money as another state institution tanks, quite predictably.
Telkom has walked away from talks to buy state-owned telecommunications infrastructure provider Broadband Infraco, TechCentral has learnt. According to a well-placed source, the parties could not agree on price. This was after Telkom completed a due diligence of Infraco. Telkom offered to pay R1 for the troubled company, according to the source, while Infraco was apparently seeking “several hundred million rand” for the deal to proceed. Neither party i... Read more