Telkom does not need foreign money, says minister

[jes]

Telkom does not need foreign money, says minister

Communications Minister Dina Pule says Telkom does not need foreign direct investment to achieve its turnaround strategy

[burn]

I bet Dina will accept foreign investment

[Hummercellc]

Telkom does not need idiots as well, fire the lot and get skilled people working for Telkom and you will see change...

[Mr.CookieMonster]

Isn't what all countries, especially third world countries, want foreign investment into their country? I thought the KT deal would have been good for Telkom considering the situation they are in now.

I think government should sell their stake in Telkom, leave them alone and let them do business however they want to. Only thing they must do is regulate via ICASA or something like that.

[bekdik]

Isn't what all countries, especially third world countries, want foreign investment into their country? I thought the KT deal would have been good for Telkom considering the situation they are in now.

I think government should sell their stake in Telkom, leave them alone and let them do business however they want to. Only thing they must do is regulate via ICASA or something like that.

The governments selfish interest is to retain control over Telkom, getting a partner in would dilute the the trough swill

[DJ...]

Foreign investors would dilute their control of the board. Simple as that imo...

[evilstebunny]

Despite having high hopes of Dina she's exposed herself as just another idiot after all.

Reminds me slightly of madBoB's indiginisation failscheme.