{"id":25939,"date":"2012-11-06T15:54:07","date_gmt":"2012-11-06T13:54:07","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=25939"},"modified":"2012-11-07T07:48:02","modified_gmt":"2012-11-07T05:48:02","slug":"da-forwards-motion-for-telkom-privatisation","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/25939\/da-forwards-motion-for-telkom-privatisation\/","title":{"rendered":"DA forwards motion for Telkom privatisation"},"content":{"rendered":"<p>The <a title=\"Democratic Alliance\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1696-DA-Democratic-Alliance\">Democratic Alliance<\/a> has\u00a0put forward a motion in the House of Parliament for the\u00a0privatisation of <a title=\"Telkom\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1637-Telkom\">Telkom<\/a>.<\/p>\n<p>The motion was put forward by\u00a0<a title=\"Marian Shinn\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/4592-Marian-Shinn\">Marian Shinn<\/a> MP,\u00a0DA shadow minister of communications on Tuesday (6 November).<\/p>\n<p>&#8220;I hereby move without notice on behalf of the Democratic Alliance that this house debates the following motion:<\/p>\n<p>&#8220;The privatisation of Telkom in the interests of rapidly installing high-speed communications infrastructure to benefit the service delivery, economic growth and job creation,&#8221; Shinn said in a statement.<\/p>\n<p>Government holds a 39.8% shareholding in\u00a0Telkom, with state investment arm Public Investment Corporation (<a title=\"PIC\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/3183-PIC-Public-Investment-Corporation\">PIC<\/a>),\u00a0owning another 10.9%.<\/p>\n<p>It is still unclear what government&#8217;s plans are for Telkom, with Cabinet expected to make a decision over its future after the <a title=\"Department of Communications\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2129-DoC-Department-of-Communications\">Department of Communications<\/a> submitted its\u00a0proposed options for the group in September.<\/p>\n<p><strong>Related article<\/strong><\/p>\n<p><strong><a title=\"Telkom not lacking policy direction: Pule\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/25929\/telkom-not-lacking-policy-direction-pule\/\">Telkom not lacking policy direction: Pule<\/a><\/strong><\/p>\n<p><a title=\"Telkom shareholder PIC calls for stability\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/25874\/telkom-shareholder-pic-calls-for-stability\/\"><strong>Telkom shareholder PIC calls for stability<\/strong><\/a><\/p>\n<p><a title=\"Moholi exit a \u201cbig blow\u201d \u2013 analyst\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/25829\/moholi-exit-a-big-blow-analyst\/\"><strong>Moholi exit a \u201cbig blow\u201d \u2013 analyst<\/strong><\/a><\/p>\n<p><a title=\"Telkom CEO to step down\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/25788\/telkom-ceo-to-step-down\/\"><strong>Telkom CEO to step down<\/strong><\/a><\/p>\n<p><a title=\"Telkom CEO rubbishes resignation rumours\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/22892\/telkom-ceo-rubbishes-resignation-rumours\/\"><strong>Telkom CEO rubbishes resignation rumours<\/strong><\/a><\/p>\n<p><a title=\"DoC hints at mobile and fixed-line partners for Telkom\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/25315\/doc-hints-at-mobile-and-fixed-line-partners-for-telkom\/\"><strong>DoC hints at mobile and fixed-line partners for Telkom<\/strong><\/a><\/p>\n<p><a title=\"Telkom turned around says Pule\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/24950\/telkom-turned-around-says-pule\/\"><strong>Telkom turned around says Pule<\/strong><\/a><\/p>\n<p><strong><a title=\"Telkom-Cell C merger rumours\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/24318\/telkom-cell-c-merger-rumours\/\">Telkom-Cell C merger rumours<\/a><\/strong><\/p>\n<p><strong><a title=\"More confusion over Telkom future\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/23751\/more-confusion-over-telkom-future\/\">More confusion over Telkom future<\/a><\/strong><\/p>\n<p><a title=\"Telkom delivers earnings warning\" href=\"http:\/\/businesstech.co.za\/news\/telecommunications\/22589\/telkom-delivers-earnings-warning\/\"><strong>Telkom delivers earnings warning<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Democratic Alliance has put forward a motion in the House of Parliament for the privatisation of Telkom.<\/p>\n","protected":false},"author":9,"featured_media":21826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2061,26,2093,65],"class_list":["post-25939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-democratic-alliance","tag-headline","tag-marian-shinn","tag-telkom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/25939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=25939"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/25939\/revisions"}],"predecessor-version":[{"id":25944,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/25939\/revisions\/25944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/21826"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=25939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=25939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=25939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}