Telkom should be structurally separated into two businesses, wholesale and retail, to facilitate greater competition in SA’s telecommunications industry, says new Democratic Alliance (DA) shadow communications minister Marian Shinn. Speaking to TechCentral in her first wide-ranging media interview
Browsing: Pravin Gordhan
With the announcement about whether SA or Australia will host the core site of the giant Square Kilometre Array (SKA) radio telescope expected on 4 April, the likelihood of the project coming to SA has received a boost from finance minister Pravin Gordhan, who says the project will qualify for “VAT relief”
The Democratic Alliance (DA) has raised the idea of creating R700m national venture capital fund, funded by the state, to provide investment capital to help early-stage businesses. The proposal is contained in the opposition political party’s “alternative budget”, published on Tuesday and available here
Power utility Eskom signed a US250m (R1,9 billion) loan on Monday that will finance the building of SA’s largest solar energy and wind power generation projects. Signing the guarantee, finance minister Pravin Gordhan said SA had a “huge comparative advantage”
Government will use the development of communications infrastructure to boost employment in the country. Finance Minister Pravin Gordhan delivered the country’s medium-term budget on Wednesday, reining in public spending and promising that infrastructure development would be used to meet government’s employment targets.
Finance minister Pravin Gordhan and the SA Reserve Bank have both given the green light to the R24,4bn all-cash acquisition of SA IT group Dimension Data by Japan’s Nippon Telegraph and Telephone Corp (NTT). Didata said on Friday that both parties had approved the offer.