Telkom CEO Risks Prosecution If He Skips Governance Course


eugenedw's picture

Telkom also has a monopoly on telecommunications infrastructure. The result is hugely expensive internet. But of course, seeing as government has such a big finger in the pie, and it is such a lucrative way to extort money from already overburdened tax payers, I'm not holding my breath waiting for the situation to change.

South Africa is actually a very useful case study for root strikers the world over: government has managed to run almost everything into the ground here, by heavy taxes, draconian labour law, corruption, crony capitalism and general mismanagement, not to mention outright theft by none other than the president himself. We have an election coming up; the very small, and just launched local libertarian party was effectively prevented from participating by the prohibitive cost of registering as participant.

So much for the wonderful new democracy. :-)