I would like to raise again the issue of the shareholding in Telkom, specifically the mysterious buyers of the Thintana stake and their ties to the ANC.
It is and remains my contention that the Telkom monopoly is allowed to persist - nay, forced to persist - is not primarily because of the financial benefit to the DoC/Government, but because of the shareholder benefits flowing directly into the coffers of the ANC through their holdings via various fronts.
Whenever the gov makes noises/tables plans (such as the new cable)/bleats about Telkom's excessive pricing/profits - then you must see this is pure grandstanding; as paying lip-service to the needs of the population and the economy. They (the ANC) have NO intention of curtailing the Telkomonopoly unless forced to.
Come on - they have had AMPLE opportunities to address it: empowering ICASA to enforce price cuts; LLU; allowing more competition; etc etc. That is why rpm rightly points out the real topics that never get discussed - the gov will say whatever they have to to silence the critics for a few more days or weeks - but they will DO nothing.
The ANC (not the gov) is effectively taxing the population (and, since telecomms (internet!) is essentially a service enjoyed primarily by the haves, specifically of Previously Advantaged Individuals) to line their own pockets ...
This ugly little secret needs to be aired and discussed and used to shame the gov, but the only way is by determining WHO the real Telkom shareholders are. Start your investigation by asking who the buyers were of the Thintana 40% stake...
Makes my whiskers itch.
--spacemuis