We’ll present to the Competition Commission in a transparent way… We have nothing to hide.
— Shameel Joosub, Vodacom
The Competition Commission is investigating Vodacom for “abuse of dominance”.
The company clinched an exclusive contract with National Treasury to be the provider of mobile telecommunication services to Government.
There are 20 Government departments bound by the new Vodacom contract, according to the Commission.
It says it has reasonable grounds to suspect the exclusive contracts may constitute exclusionary abuse of dominance by Vodacom.
The commission says it believes the contract will lead to a loss of market share for other network operators.
The Money Show’s Bruce Whitfield interviewed Vodacom Group CEO Shameel Joosub.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
The deal was done last year in August and September.
— Shameel Joosub, Vodacom
From my understanding; departments have the option to opt in.
— Shameel Joosub, Vodacom
There was an open tender process.
— Shameel Joosub, Vodacom
We put our best foot forward.
— Shameel Joosub, Vodacom
The value of the deal is about R5 billion.
— Shameel Joosub, Vodacom
We have to make a profit on the contracts so we can continue to invest.
— Shameel Joosub, Vodacom
I think it was done completely fairly… it was a fiercely contested process…
— Shameel Joosub, Vodacom
Click here (then “like” the page) to follow Bruce on Facebook.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Read More
Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).
Small businesses – and their many employees – are facing a devastating winter thanks to Eskom, says the Small Business Institute.
The Money Show’s Bruce Whitfield interviews Henk Langenhoven, Chief Economist at Minerals Council South Africa.
It will be Europe’s largest internet firm, says Basil Sgourdos (Naspers), David Shapiro (Sasfin) and Nicky Newton-King (JSE).
More than 70% of lotto winners go broke, warns Warren Ingram, a personal financial advisor at Galileo Capital.
There are dangers, but you can save money and take control. Ray White interviews Francois Strydom (Momentum Securities).
Popular articles
SA Flyer Magazine editor Guy Leitch explains the impact of the Northern Cape SKA radio telescope on flight times.
The Money Show’s Bruce Whitfield interviews Henk Langenhoven, Chief Economist at Minerals Council South Africa.
Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).
It will be Europe’s largest internet firm, says Basil Sgourdos (Naspers), David Shapiro (Sasfin) and Nicky Newton-King (JSE).
NG Kerk dominee Riaan de Villiers says he was told he is not allowed to call Muslims our brother and sisters, and children of God.
Independent consultant at the Thabo Mbeki Foundation Professor Barney Pityana blames political leadership for the moral decay.
![[WATCH] Chaos as suicidal SA pilot crashes plane into clubhouse](https://cdn.primedia.co.za/primedia-broadcasting/image/upload/fl_progressive,q_80/c_fill,g_faces,h_148,w_233/kqk1jk46hamhr5y88ars.jpg)
Khabazela shares tweets and Facebook posts that have gone viral.
