Local ownership for sea cable — minister

[Kawak]

Telkom still is behind EVERYTHING

whats the bet that this whole idea is to make sure that telkom stay in power for longer, with everyone worldwide wanting out telkom's monopoly on cables can almost definitely last forever.

Even if the above were un-true, what the F**K does our "dumb beyond help" IVY want? According to her its ok for say 1% of the blacks in this country to own everything through her beyond stupid stance? The real way to stimulate poverty alleviation is to create an environment where people feel safe about investing here and create massive job opportunities, any country that even so far as try to be protective and limit business almost never succeeds but then what does she care, by the time this country goes to the dumps she will be flying out to the UK or something with her massive pay cheque from TELKOM and of course the tax payers.

I have no idea how much more our incompetent government can screw us over and over and over and over and over................................................................

its really unbelievable. damn I am MAD

 

[claytonza]

Welcome to "The African Island" here is a happy place we do business with ourselves, play with ourselves, an do many other things ourselves. Anything foreign is taboo and people will be executed for hinting at there existence. We do not want money from foreigners to boost our economy we can self provide. We have it all right here on "The African Island" join us today! eish

 

[Juice]

Read the article about Cyril taking a major share of the SEACOM cable... I'm beginning to think this is all a ploy to protect his enterprise, so that yet another fat cat can benefit at the expense of the country and her people.

 

[ainsin]

Final nail in the coffin for me.

I need the internet to do my job, but I haven't been able to connect to my international customers's server for the past few weeks because of what telkom has called 'bandwidth issues'. Apparently there are too many people on in my area, and therefore there is nothing they can fix.

I've already made up my mind to leave this country. I've been toying with the idea for the past few months, but now that my jobs are at stake, there is nothing left. I'm not blaming Telkom for this, but just all the nonesense I've had to put up with over the years.

Its not a big deal really. Most of my family and friends have immigrated.

 

[Nutcracker]

The only thing that will come from a majority South Africa owned cable is a HUGE hike in telecoms/bandwidth prices. The companies that are currently planning to invest(MTN, Telkom and Neotel) will have to take out such big loans to keep their share/control of the cable, that they will be forced to increase their prices. This just defies the point of the cables coming here in the first place. What does it help that we have fast enough bandwidth to stream video's live(a FIFA requirement for 2010), but it cost double of what the current price is.

Another things which I just can't grasp is the fact the the government is insisting on a majority owned cable. I would make sense if the insisted on the 14miles of cable in local waters to by locally owned, but the whole length of the cable? The cable is in International waters!!! They have NO claim to that part of the cable.

THANK YOU IVY FOR KILLING MY HOPES OF PLAYING WOW WITH A SUB 300 LATENCY

 

[bwana]

Sigh - She just doesnt get it does she.

 

[LazyLion]

more "bend over and take it" government philosophy!


South Africa is already the laughing stock of the world... and everyone is waiting to see us follow comrade Mugabe to the North of us.

 

[antowan]

There must be a number of local businesses willing to land cables in SA on their own if they were allowed to. This incompetent minister is a no go zone for progress. She MUST get the hell out of office!

 

[magneto]

A, esih can u say retarted.
....
now i can c y we have avarge IQ of 70.. done the by some person in europe. researching a countries avarge IQ to the countries GPD..

Yup and we scored 70, So that means the there a lot of retards out there among us.
be care ppl.. think we deff have a few in GOV.

 

[cookiemonster]

Yup and we scored 70.

Hahaha!! That's just 10 above retarded! Yeah! Most of the country can count on one hand!

 

[semiautomatix]

Here's a thought: what if international (read: not African companies) own 49% of 51% of the African/South African investors? This essentially works out to 98% foreign ownership. Now Ivy's inane mumbling about African owners (of which many countries don't even have the hash BEE stipulations of this fscked up country) might actually be a major loop hole. Hope they a$$ fsck her until that st00pid grin is wiped off her face!

 

[semiautomatix]

Well there you go. Local investment the SA way...

http://www.busrep.co.za/index.php?fSectionId=&fArticleId=4027772

Well thats encouraging: "ITWeb quoted Seacom as saying the cable was 52 percent African owned, including 25 percent South African ownership and 27 percent by east African companies. The rest was held by US development group Herakles Telecoms."

 

[CirclingTheSun]

Ahhhhaaaaa!!! Fukk Fukk Fukk Fukk Fukk Fukk Fukk Fukk Fukk!

There must be something the public can do about this. She's like the mugabe of telecoms! Can we take her to court? If not, does anyone know of a good sniper?

 

[Albereth]

Don't land here - land in Moz. Cheaper connectivity isn't wanted here. We prefer to have friction that raises the costs because those costs get handed to the end user.

Or - register a company locally. Find a nice South African to run it (nobody said it had to be a non-swimmer) and set up some interesting management fee structure that gets the profits to the investors.

 

[AirWolf]

Are these statements not completely contradictory? First she says local companies should not have a problem coming up with the money, and then she says government is stepping in because local business is "queasy".

And why do you think people are unsure what is going to happen to the continent? Because people like you want to stick an ignorant finger in everything.

We finally get a slithering of hope for some affordable bandwidth and the government has to screw it all up

Hell man, I was thinking the exact same thing

 

[Praeses]

Can't we boycott her and throw her into the ocean? We'll call it the ivy-sea(com) party. (boston tea party )

 

[a-person]

**** ivy

 

[a-person]

connivy ivy wants her cut
to cover more her well covered butt
we know the stupid woman doesn't think
maybe it's time she saw an online shrink

 

[a-person]

oh but she probably couldn't afford the ADSL costs the stupid cow

 

[KampfGherkin]

Somebody farking fire that b1tch!