'Chaotic, incoherent': Telkom CEO slams Mboweni’s growth plan

6 September 2019

Telecoms

In an opinion piece, Telkom Group CEO Sipho Maseko has slammed Treasury's proposed reforms for the ICT sector, particularly plans related to the rollout of spectrum, as being "ill-thought-out".

Maseko authored a column for the Sunday Times, which he used to accuse Treasury of putting forward plans for the sector which do not seem to be aligned with that of the Department of Communications policies.

Last week, Treasury released a surprise economic policy discussion paper which seeks to boost growth to 3% and create over one million jobs.

The 77-page document included proposals to speed up of the auction of spectrum, to reintroduce a law to cut down on red tape, to simplify onerous visa regulations, and for Eskom to consider selling its coal-fired power stations. Read the full article on Fin24 here