Sentech's Screamer deal under scrutiny

This is the point in dispute and where Screamer will come second...

The deal was cemented several years ago, when the state-owned company entered an agreement with a company called Global Web Intact (GWI). The two parties agreed to a profit-sharing arrangement. Screamer later bought GWI.

But a task team, appointed by communications minister Siphiwe Nyanda to investigate problems facing Sentech, found recently that the contract with Screamer was in breach the Public Finance Management Act.

The act bars state-owned enterprises like Sentech from entering into these types of public-private partnerships. Also, under the terms of its spectrum licence, Sentech is not at liberty to trade its spectrum.
 
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