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
What are the immediate and existing solutions to Eskom's generation issues?
How do you measure if you are financially on track after a lousy year?
This massive state oil producer is now the world's first $2 trillion company.
Is there an option for mass solar supply to South Africa in the near future? This entrepreneur thinks so.
Wendy Knowler looks into the practice of many banks and corporates of “unilaterally” activating an early debit for December payment.
Meet the new owner of Starbucks SA, Adrian Maizey.
Popular articles
![[WATCH] Woman sharing her most embarrassing moment at parking lot goes viral](https://cdn.primedia.co.za/primedia-broadcasting/image/upload/fl_progressive,q_80/c_fill,g_faces,h_148,w_233/eitnm0zrd1wezxmkm4ev.jpg)
Khabazela shares tweets and Facebook posts that have gone viral.
Can you afford to leave South Africa? Certified Financial Planner (CFP) Barry O'Mahony on what to consider before deciding.
![[WATCH] Traffic cop caught on video asking for 'bribe' goes viral](https://cdn.primedia.co.za/primedia-broadcasting/image/upload/fl_progressive,q_80/c_fill,g_faces,h_148,w_233/fnjrew6wtxxrvtbbzu3u.jpg)
Khabazela shares tweets and Facebook posts that have gone viral.
Some of the endangered wildlife has now been listed as farming stock under key legislation that governs breeding.
The 21-year-old says he wants to inspire other young South Africans to participate in the Winter Olympics one day.
Bruce Whitfield interviews Steinhoff Chair Christo Wiese, the JSE's John Burke and Anchor Capital CIO Sean Ashton.
