Eskom scores R84bn from govt

bwana

bwana

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News224 said:
Cape Town - More than R150bn is to be spent on infrastructure for electricity distribution, transport, water provision and telecommunications until March 2008, deputy president Phumzile Mlambo-Ngcuka said on Monday.
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http://www.fin24.co.za/articles/default/display_article.asp?Nav=ns&ArticleID=1518-25_1876154
There would be spending on telecommunications, including the expansion of the broadband network, the completion of a submarine cable project, and subsidies for call centres and labour intensive businesses in poor areas.
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Eassy?

All in all an interesting set of developments - but
Stricter regulations would be considered to bring down telephony costs.
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I thought they already were being considered?
 
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I'm just happy that the word "broadband" was mentioned by the deputy president, which means that the Government has been listening to the idea of broadband being one of the key enablers for a growing economy.

I'm not over-excited by this but at least it's something. I think most of us have, by now, learnt not to take anything at face value when it concerns the Government. But the fact that the deputy president herself has mentioned the expansion of a "broadband network", that's something. Not much but something to at least have a glimmer of hope for.

I just hope that this money, that comes from the Government, will not enable Telkom to declare it its "investment." I know the Government is the major shareholder of Telkom but I hope the Government will not just "hand over" this money to Telkom and let Telkom "recover" its investment for the next 100 years with its insane pricing tariffs.
 
I like this part:

Telecommunications costs and regulatory burdens were among the issues to be addressed in boosting this sector, Mlambo-Ngcuka said.

Several policy challenges were being looked at - including inadequate competition, import parity pricing, the need for incentives for investment in research and development, and ensuring that black economic empowerment yielded true industry transformation rather than a mere transfer of equity.
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Mozez: Hardly any money is going towards Telscum if I read the report correctly.

A pity the R84Bn is only for their electricity services though.
 
Dominic Rooney said:
Mozez: Hardly any money is going towards Telscum if I read the report correctly.
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That would be a relief. But I wonder how this money from the Government will expand the "broadband network" if it not tunneled through Telkom? Or am I missing something?

After all, someone has to own this new cable in SA. Who is that gonna be??? Surely not the Government itself?
 
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Dominic Rooney said:
I like this part:



Mozez: Hardly any money is going towards Telscum:confused: if I read the report correctly.

A pity the R84Bn is only for their electricity services though.
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Telkom is not entitled to any handouts any more.
Didn't they get enough from us already.
I refuse to let one more cent of taxpayers money be spent on Telkom.
Enough is enough already.
mozez said:
That would be a relief. But I wonder how this money from the Government will expand the "broadband network" if it not tunneled through Telkom? Or am I missing something?

After all, someone has to own this new cable in SA. Who is that gonna be??? Surely not the Government itself?
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Perhaps Government will take note of the Knysna Wifi network.
 
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Dominic Rooney said:
I like this part:



Mozez: Hardly any money is going towards Telscum if I read the report correctly.

A pity the R84Bn is only for their electricity services though.
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That r84bn might be going to Eskom but that leaves the remainder (r66bn) to be divvied up between the rest.
 
BTTB said:
Perhaps Government will take note of the Knysna Wifi network.
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Let's hope so. However, I wouldn't be surprised if Poison Ivy didn't even know a project such as the Knysna Wifi one existed!! :rolleyes:

As long as Telkom doesn't get its dirty hands on this money (which is Taxpayer's money, hence OUR money), I'm cool.
 
"There would be spending on telecommunications, including the expansion of the broadband network, the completion of a submarine cable project, and subsidies for call centres and labour intensive businesses in poor areas."

But how would government be involved in any of this? To the best of my knowledge they are not EASSy shareholders, and will they possible build their own broadband network?
 
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