Kaya bizz talks to Duncan Mcleod, Editor Of Tech Central

Loading player...
• Vodacom and MTN must drop mobile data prices significantly, failing which the Competition Commission will consider prosecuting the two companies.
• That’s the warning from commissioner Tembinkosi Bonakele, who was speaking at the commission’s release of its final report into the data services market.
• Bonakele said the two operators charge too much for mobile data services, particularly when it comes to prepaid access. “This reflects a bias against the poor. We believe that an appropriate regulation is reasonable. How this will be achieved will be explained as we give more details on this report.”
• Trade and Industry Minister Ebrahim Patel said the government would act.
• “It was clear, according to the findings, that we have a competition problem in the market and that prices are higher than they should be compared to elsewhere in the world.”
• MTN and Vodacom could face prosecution if they do not agree with the Competition Commission to reduce the price of data in the next two months. Bonakele said the two companies should immediately lower prices by around 50%.
• The commission also recommended that the government must introduce regulations to combat excessive data pricing in the country.
• “We believe based on evidence that there is scope for reduction of prices between 30% and 50%. The failure of reduction within two months will lead to prosecution for excessive pricing.”
2 Dec 2019 8AM English South Africa Business News · Investing

Other recent episodes

Mine 2026: The New Battleground for Global Mining

PwC’s Mine 2026 report shows miners posting record profits — yet facing unprecedented structural pressures. Energy Utilities and Resource Assurance Partner Vuyiswa Khutlang breaks down the three imperatives reshaping mining: policy stability, capital mobilisation, and technology‑driven productivity. We explore copper’s surge, coal’s decline, selective M&A, and why geology alone no…
29 Jun 2PM 16 min

How Middle East Shocks Hit Africa’s Politics & Economy

The Middle East ceasefire may hold — or unravel. Either way, Africa is already feeling the tremors. Political analyst Jervin Naidoo maps how geopolitical shocks strain fiscal balances, fuel inflation, election stability, capital flows and sovereign risk premiums across the continent. A deep dive into Africa’s political vulnerability and the…
29 Jun 2PM 18 min

R316 Million for Impact: How E Squared Is Rewiring Entrepreneurship

E Squared’s 2025 Impact Report showcases a powerful model of patient capital, responsible entrepreneurship and transformation-driven investing. CEO Gladwyn Leeuw explains the shift to “lives meaningfully improved", the pipeline‑to‑scale approach, backing Black and female founders, and building businesses that endure — all while delivering commercial and social returns.
29 Jun 2PM 14 min

Inside Siyakhokha: How Ekurhuleni Is Modernising Municipal Payments

Ekurhuleni’s finances — and its ability to deliver reliable services — depend on a strong partnership with residents. MMC for Finance Alderman Jongizizwe Dlabathi explains how the City’s Siyakhokha platform is transforming municipal payments through convenience, security and digital efficiency. From registering online to logging queries and making payment arrangements,…
25 Jun 1PM 15 min

African Bank sees R624mn half-year loss, Capital ratio 25.8% keeps ops standing

African Bank has entered a new chapter shifting from years of acquisitive expansion to a disciplined phase of consolidation. Interim Group CEO Zweli Manyathi breaks down the R624m loss, the credit environment, cost‑to‑income pressures, and the bank’s strategy to unlock value from its diversified platform.
25 Jun 1PM 21 min