I just saw the post that I made over a year ago about the state of affairs at the CIPC. Just wanna say that Astrid Ludin and her team have really done great work. Company registrations are super-efficient now, and so is the other admin 🙂 Kudos!
Telkom’s been making the news recently, among other hot topics of discussion around our fixed-line provider is “The KT deal”. Now, our brilliant government has decided to intervene in the proposed takeover by Korea Telecoms. We got to find out this week as speculations went around that government is considering re-nationalising Telkom …
Don’t know if some people think it’s a good move (and why they do); I don’t know how Telkom was back in the days (I was still too young to notice), but all I remember was that Telkom once went in many of the rural areas empowering people with telephone lines [which is probably irrelevant to my point].
I think of government’s deliberations as likely bad for the development of our telecoms industry. Even though we have Swooosh, 120GIG BIG, MoFaya and the yellow guys, none of the capacities we are getting would be possible if it weren’t for that cable that Telkom uses. My worry is that government has kinda failed to appoint the right persons in most of its parastatals, as I type this only one light is on in the house, does Eskom ring a bell? Telkom has great people I reckon, from the guys on the ground to the ones making decisions at the top. Yes there is government influence, but at least we (investors) have a voice if government or anyone tries rubbish (the share price reflects reaction to decisions to an extent).
So with government likely to push the likes of Khulubuse in power, what gets to happen to those excessive bonuses? Would they care or even know about King III?
We live in an era where our broadband is pricey compared to the rest of the world, we are seeing declines as more competitors join the market, but the potential bottleneck is Telkom. I fear that if government takes total control of it, its bottom line might start being eroded by careless future management, which will affect the amount spent on infrastructure. That will potentially kill the planned 2Mbps basic and the 40Mbps ADSL.
I just hope that if this talk isn’t just baseless media speculation, that at least they keep sis Pinky as the CEO and don’t plant a Richard Mdluli into our dear Hellkom. Only time shall tell anyways
I’m not American, neither am I based in the U.S., but I’m not ignorant. I’m writing this blog post as an effort to joing the protest against the Stop Online Piracy Act and the Protecting IP Act.
I’ve also decided to boycott GoDaddy. I registered almost half my domains on them (all domains outside SA), and it’s though it’s gonna be a lot of admin finding another registrar and adjusting name servers, I’m moving out from GoDaddy since they support the above-mentioned Acts.
The web shouldn’t be controlled by some corporations, piracy is wrong, but the power that the American government is trying to grant to these media and entertainment companies is appalling.
As an auditor and entrepreneur I understand the value of business – and especially new business. In South Africa, ever since the inception of the Companies Act 28 of 2008, we viewed the landscape as changing. For example; efficient registration of companies was expected, yet until the DA started making some noise about backlogs. The number of companies registered since May 2011 to then July 2011 was appalling. I was sadly one of those people waiting in line. I’m glad though that they’re doing something about it, and it does seem promising that the end of August deadline will be met.
Back when I was in high school I wanted to become a high school teacher. When I got to varsity it took only 2 years for me to change my mind; and want to be a varsity lecturer. Now I am working, and Instead of changing, I now urge those with a passion for education to join the cause and do something for our ‘failing’ education system. I like detail and statistics, but our education system needs no mention of statistics for us to acknowledge that it is failing us. Through many years of observation I believe it is caused by two gross inefficiencies.
- Lack of resources
Now I know that nobody likes being called ignorant, so I will try my best to justify the first point more than the latter. Continue reading “Our Failing Education System”