I don't think that government understand the free market.
Most of the people in this forum seem to think that companies who invest hundreds of millions of dollars are run by a bunch of idiots who will just bumble into situations like this.There is a hint I got from the article.
They'll just sell the "bit" of the cable thats in SA waters to Neotel or someone else, and then the bit that the DoC have jurisdiction over is wholly owned by SA companies. Which it seems like Seacomm have already done.
Well considering that it is fibre optic cable being discussed, and that the Grim Poisonous Ivyness Creep believes she is the source of all sunshine, it's quite possible that Shope-Mafole is considering propelling her [useless] boss off into the ocean with the other end of the cable firmly rammed up an orifice.So if it's common practice everywhere, where does she expect the other end of the cable to land?
I mean, if a cable has to be 51% locally controlled, it stands to reason that the most the other country where it lands can control is 49%. Or does she think these things just trail off into the ocean?
A'la Boodles style?Well considering that it is fibre optic cable being discussed, and that the Grim Poisonous Ivyness Creep believes she is the source of all sunshine, it's quite possible that Shope-Mafole is considering propelling her [useless] boss off into the ocean with the other end of the cable firmly attached.
Does SAT3 even qualify?
there have been rumours for the last month or so that it does not, i.e. that neotel cannot land bandwidth from sat3 for this reasonDoes SAT3 even qualify?