...Unlike its predecessors, Icasa has financial discipline. It has achieved unqualified audit reports on time and has secured financial assistance for capacity building from the World Bank and donor agencies such as the UK's department for international development.
Icasa has managed to increase its baseline budget allocation from R108m in the 2000/2001 financial year to R148m in 2004/2005, an increase of 32%, well in excess of the 6% standard annual adjustments. It has also improved licence fee collections from R643m in 2000/2001 to R920m in 2002/2003. Though this money still accrues to government coffers, the national treasury has indicated it is in favour of Icasa being funded from licence, regulatory and spectrum fees rather than parliamentary appropriations.
Financial Mail