TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentralTechCentral
    NEWSLETTER
    • News

      SA coal giant Seriti Resources in pivot to renewables

      15 August 2022

      Tencent, TikTok share details of prized algorithms with Beijing

      15 August 2022

      Institutions eye crypto but retail investors remain nervous

      15 August 2022

      Fixing SA’s power crisis is not complex: it simply takes the will to do better

      12 August 2022

      Consortium makes unsolicited bid for state’s 40% stake in Telkom

      12 August 2022
    • World

      Tencent woes mount, even after $560-billion selloff

      12 August 2022

      Huawei just booked its first sales rise since US blacklisting

      12 August 2022

      Apple remains upbeat about iPhone sales even as Android world suffers

      12 August 2022

      Ether at two-month high as upgrade to blockchain passes major test

      12 August 2022

      Gaming industry’s fortunes fade as pandemic ends

      11 August 2022
    • In-depth

      African unicorn Flutterwave battles fires on multiple fronts

      11 August 2022

      The length of Earth’s days has been increasing – and no one knows why

      7 August 2022

      As Facebook fades, the Mad Men of advertising stage a comeback

      2 August 2022

      Crypto breaks the rules. That’s the point

      27 July 2022

      E-mail scams are getting chillingly personal

      17 July 2022
    • Podcasts

      Qush on infosec: why prevention is always better than cure

      11 August 2022

      e4’s Adri Führi on encouraging more women into tech careers

      10 August 2022

      How South Africa can woo more women into tech

      4 August 2022

      Book and check-in via WhatsApp? FlySafair is on it

      28 July 2022

      Interview: Why Dell’s next-gen PowerEdge servers change the game

      28 July 2022
    • Opinion

      No reason South Africa should have a shortage of electricity: Ramaphosa

      11 July 2022

      Ntshavheni’s bias against the private sector

      8 July 2022

      South Africa can no longer rely on Eskom alone

      4 July 2022

      Has South Africa’s advertising industry lost its way?

      21 June 2022

      Rob Lith: What Icasa’s spectrum auction means for SA companies

      13 June 2022
    • Company Hubs
      • 1-grid
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»News»Lesotho regulator interdicted from revoking Vodacom’s licence

    Lesotho regulator interdicted from revoking Vodacom’s licence

    News By Duncan McLeod10 October 2020
    Facebook Twitter LinkedIn WhatsApp Telegram Email

    The high court in Lesotho has granted Vodacom an interim order preventing the country’s telecommunications regulator from revoking the company’s operating licence and imposing a fine of the equivalent of R134-million.

    Vodacom said on Saturday that the court has ordered that the Lesotho Communication Authority (LCA) must appear on 23 October to argue why the interim order shouldn’t be made a final order.

    TechCentral first reported on Thursday that the LCA had written to Vodacom Group’s subsidiary in the landlocked Southern African nation, telling it that its “unified licence” to operate had been revoked.

    At the heart of the dispute is an allegation by the LCA that Vodacom Lesotho flouted corporate governance rules…

    The LCA’s decision came after it imposed the R134-million fine on Vodacom Lesotho for allegedly flouting its licence conditions and for allegedly being in breach of local legislation governing companies. Vodacom is Lesotho’s biggest mobile operator.

    Vodacom Lesotho MD Philip Amoateng said in a statement late on Thursday: “We have no option but to seek relief in the courts because the LCA’s decisions imposing an excessive fine as well as the revocation of Vodacom’s operating licence are both erroneous as a matter of law and public policy. These actions put at risk the country’s telecommunications ecosystem, including financial services platforms such as M-Pesa, and tens of thousands of jobs.”

    Auditing firm

    At the heart of the dispute is an allegation by the LCA that Vodacom Lesotho flouted corporate governance rules by hiring an auditing firm allegedly owned by the sister-in-law of the operator’s chairman, Matjato Moteane. Moteane leads a consortium called Sekhametsi that owns 20% of Vodacom Lesotho (Vodacom Group owns the other 80%).

    Vodacom said on Saturday that it remains “fully focused on delivering great value and a superior customer experience to the 1.2 million people who have chosen us as their network provider of choice”.

    “In other words, it remains business as usual for all our valued customers,” it said.  — © 2020 NewsCentral Media

    LCA Lesotho Communications Authority Matjato Moteane Philip Amoateng Sekhametsi top Vodacom Vodacom Lesotho
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticleFacebook, Twitter brace for US election chaos
    Next Article Watch | Datacentrix tackles digital transformation in local mining sector

    Related Posts

    SA coal giant Seriti Resources in pivot to renewables

    15 August 2022

    World’s fastest compact firewall for hyperscale data centres, 5G networks

    15 August 2022

    Tencent, TikTok share details of prized algorithms with Beijing

    15 August 2022
    Add A Comment

    Comments are closed.

    Promoted

    5G your life for faster, more reliable home or mobile connectivity

    15 August 2022

    World’s fastest compact firewall for hyperscale data centres, 5G networks

    15 August 2022

    Get your brand in front of TechCentral’s amazing audience

    12 August 2022
    Opinion

    No reason South Africa should have a shortage of electricity: Ramaphosa

    11 July 2022

    Ntshavheni’s bias against the private sector

    8 July 2022

    South Africa can no longer rely on Eskom alone

    4 July 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.