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Spectrum Sale in South Africa in Doubt After Telkom Wins Ruling

South Africa Spectrum Sale in Doubt After Telkom Wins Delay
Bloomberg
3/9/2021
© Bloomberg
The Hillbrow Tower, operated by Telkom SA, in Johannesburg.
(Bloomberg) -- South Africa’s long-awaited plan to sell more high-speed internet spectrum has been thrown into doubt after Telkom SA SOC Ltd. won a court ruling suspending the process.
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The Independent Communications Authority of South Africa should hold off on the auction and lift a deadline for the submission of final bids while Telkom’s case is considered, the High Court in Pretoria said Monday.
The decision threatens to derail the sale of more than 8 billion rand ($521 million) of broadband spectrum that was approved last year following years of delays, a move designed to help revive the economy and lower data costs. The auction has long been demanded by mobile-phone operators including Telkom, but the former phone monopoly took action after concluding the terms are not to its benefit.

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South Africa to Target Nepotism, Corruption in Civil Service

South Africa to Target Nepotism, Corruption in Civil Service
Bloomberg
3/1/2021
Renee Bonorchis
© Bloomberg
The Hillbrow Tower, operated by Telkom SA SOC Ltd., center left, stands on the city skyline at dusk in Johannesburg, South Africa, on Thursday, Oct. 10, 2019. South Africa's economy remains stuck in its longest downward cycle since 1945, adding to pressure on the government to implement reforms to lift business confidence and boost growth.
(Bloomberg) -- Public consultations have begun in the past two weeks on a policy document that will target nepotism, political interference and corruption in public service, South African President Cyril Ramaphosa said in his weekly letter to the nation.

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