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Competition cases, such as the two Telkom recently agreed to settle with South Africa’s Competition Commission, are outside the purview of the law, exploit public distrust of private-sector companies, enrich competition authorities and extract shareholder funds from companies by encouraging executives

The combined R5,7bn Cell C has received from its majority shareholder, Oger Telecom, and in financing from a Nedbank-led grouping will be used to improve its network and win market share from rivals Vodacom and MTN, says the operator’s CEO, Alan Knott-Craig. But Knott-Craig