The Independent Communications Authority of South Africa has expressed its “concern” that the MultiChoice group proceeded with its listing on the JSE despite facing a complaint before Icasa’s complaints and compliance committee .In late January, non-profit Khulisa Social Solutions lodged a complaint with the CCC regarding the listing, saying MultiChoice was contravening the Electronic Communications Act.
In a statement issued on Wednesday – the date MultiChoice began trading on the JSE – Icasa said it “note with concern that the listing of the MultiChoice Group seems to be going ahead even though there is a complaint before the complaints and compliance committee against the licensee on this listing matter.”
“Section 13 of the ECA states that ‘an individual licence may not be let, sub-let, assigned, ceded or in any way transferred, and the control of the individual licence may not be assigned, ceded or in any way transferred to any other person without the prior written permission of the Authority’,” Icasa said in its statement.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »
Gungubele says he does not have a lack of confidence in the board | Business | M&GPIC board chair Mondli Gungubele has clarified that his decision to not oppose UDM leader Bantu Holomisa’s court application calling for former CEO Dan Matjila’s suspension was not an expression of a lack of confidence in the board.
Source: mailandguardian - 🏆 2. / 92 Read more »
Renewables aren't causing job losses in coal sector — Radebe | Business | M&GIn eight years, renewable energy projects have attracted R209.4-billion in committed private investment. So far over 38 700 job years have been created. This doesn't fit the Zuma kleptocratic narrative, ESKOM is too big a piggy-bank for the kleptocrats
Source: mailandguardian - 🏆 2. / 92 Read more »
PIC required to recover R4.3-billion made to Ayo by March 13 | Business | M>he PIC has confirmed that it received a compliance notice from the Companies and Intellectual Property Commission ordering it to recover the capital investment of R4.3-billion made to Ayo Technology Solutions.
Source: mailandguardian - 🏆 2. / 92 Read more »
Former PIC board member contradicts Gungubele over board resignations | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »