World Bank ups the ante

[rpm]

http://mybroadband.co.za/news/Telecoms/1393.html

 

[Shake&Bake]

Khalil questions the rationale of one country — SA — requiring majority ownership in cable systems. He says Eassy is a “uniquely African” project with 90% of participating operators coming from the continent. “It should not be governments leading [these projects]. The market always does it better than a government agency,” he says.

AMEN!

“I don’t have the right to tell the SA government what to do,

Neither do we apparently

 

[Juice]

Molotsane “resigned” suddenly from the state-controlled operator in April.

Not technically true, but damn, Duncan, I love your work... Let's call a spade a bloody shovel, just this one time. LOL!

At a press conference in Pretoria in July, Shope-Mafole said: “There is now no government involvement in the Eassy cable.”

Best news I heard yet, today...

She later told the FM: “Right now there is no way that Eassy can land here, given its composition.”

... followed closely by the ludicrous. Doesn't this just make Lyndal look like a bit of a petulant child? That quote might as well have read: "If you don't want to play by my rules, you can't play here, na na na na naaaa. Actually, we're going to quickly make up some new rules, just to make sure that you can't play by them even if you wanted to."

It does, actually, make me sick to the stomach.

 

[noxibox]

For a government run organisation to deliver quality service requires individuals with integrity and a dedication to high standards. The market just requires more than one greedy individual.

 

[reech]

This 'majority owned' BS for international cables has gone on for long enough. Either it's extortion or sheer stupidity. I don't know which.

This is a crucial issue and really needs as much media coverage as possible.

If they don't even want to give landing rights to a cable I can't imagine how big a slice they'll want if one actually manages to breach our shores.

No Hope.

 

[mancombseepgood]

imo this is the best news I have heard in ages.

 

[Alastairo]

Just give them majority sectional title ownership of the section from Mtunzini to the next stop which is Maputo. That'll sort out all the problems.

 

[Nod]

Why can't our tax money be coupled to a incentive driven scheme? Auditors must determine how many of the projects and deliverables government have succeeded in providing to its tax payers, and according to that success, you pay tax. If they only deliver 30%, you only pay 30%, as the other 70% is obviously a waste.

Make it so ...

PS: I just realized this is completely off topic. Time to start the weekend

 

[fskmh]

For a government run organisation to deliver quality service requires individuals with integrity and a dedication to high standards. The market just requires more than one greedy individual.

Actually, in this case it just requires govt. to stop with the self-sabotage and let the "greedy individuals" bring the impetus and drive required to foster competition in a currently debilitated market.

 

[biltonguy]

“It should not be governments leading [these projects]. The market always does it better than a government agency,” he says

THIS needs to be drilled into gov heads!

The sad thing is gov knows this is true but just dont care - "Stuff the people, give us more money and power!"

 

[KampfGherkin]

South Africa is not the mega business hub that this government thinks it is. Just because you try and make the rest of the continent dance to our tune does not mean they will abide by it, see this article.

Eassy will forge ahead regardless of South Africa's megalomaniac stance. We're the ones that'll be suffering, not the other way around, Commissar Ivy.

Molotsane “resigned” suddenly from the state-controlled operator in April.

And to Mr Mcleod, thank you, good sir, for calling a "spade a bloody shovel"! Bravo! I'll have more of that within the media, please.

 

[AirWolf]

Africa will no longer be the dark continent - SA will be dark country This is what we get from a democratically elected government. And as someone else on this forum said, they will be elected again to 'fix' the screw ups they made this term in office

 

[ic]

imo this is the best news I have heard in ages.

how can the possibility that EASSy might be forced to bypass and not land in South Africa due to the BEE-greediness of Poison Ivy and Stalin-Mafole from the Department of Communistications et al, possibly be "the best news" you've "heard in ages"?

PS: @Juice, at the time when Moletsane resigned, guavamental forces controlled 6 out of 10 seats of Telkodemonopolies' board of directors, which means that Telkodemonopolies was [and arguably still is] state-controlled.