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Icasa gives up belatedly on Vodacom inquiry.
Byline: Lesley Stones
Icasa gives up belatedly on Vodacom inquiry LESLEY STONES PLANS to hold a public inquiry into whether Telkom should have been allowed to shed its stake in Vodacom have been scrapped by the regulatory authority a week after it became patently obvious that the deal could not be reversed. Telkom had already sold 15% of Vodacom for R20,95bn as a precursor to listing another 35% on the JSE when the Independent Communications Authority of SA (Icasa) tried to halt the process last week. Icasa's intention was to call for public comment on the deal, chiefly under pressure from the Congress of South African Trade Unions, which was determined to scupper it. It is …
