{"id":70979,"date":"2014-10-15T12:16:10","date_gmt":"2014-10-15T10:16:10","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=70979"},"modified":"2014-10-15T12:42:26","modified_gmt":"2014-10-15T10:42:26","slug":"government-may-pull-out-of-vodacom-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/70979\/government-may-pull-out-of-vodacom-report\/","title":{"rendered":"Government may pull out of Vodacom: report"},"content":{"rendered":"<p>South Africa\u2019s government is exploring the sale of its R26 billion stake in Vodacom to rescue Eskom. This is according to <a title=\"Bloomberg Vodacom government\" href=\"http:\/\/www.bloomberg.com\/news\/2014-10-15\/south-africa-said-to-mull-exit-of-vodafone-s-african-unit.html\" target=\"_blank\"><strong>a report on Bloomberg<\/strong><\/a>.<\/p>\n<p>Bloomberg reported that the government has approached financial advisers about the possible disposal of its about 13.91 percent stake in Vodacom.<\/p>\n<p>According to the report possible buyers include Vodafone or institutional investors. The sale to a private buyer is unlikely.<\/p>\n<p>Previous media reports suggested that government was looking at various ways to fund Eskom, which included a possible sale of its 40% share in Telkom.<\/p>\n<p><a title=\"Moneyweb\" href=\"http:\/\/www.moneyweb.co.za\/moneyweb-south-africa\/telkom-shares-retreats-sharply\" target=\"_blank\"><strong>Moneyweb reported that<\/strong><\/a> the National Treasury said on 15 September 2014 that \u201cit would dispose of non-strategic assets to provide capital for Eskom&#8221;.<\/p>\n<p>Vodacom spokesperson, Richard Boorman told MyBroadband that \u201cwe&#8217;re not aware of any developments along these lines\u201d.<\/p>\n<h3 class=\"my-4\">More on Vodacom<\/h3>\n<p><strong><a title=\"Permalink to Neotel spectrum not enough for 4G: Vodacom\" href=\"http:\/\/businesstech.co.za\/news\/internet\/69807\/neotel-spectrum-not-enough-for-4g-vodacom\/\" rel=\"bookmark\">Neotel spectrum not enough for 4G: Vodacom<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Vodacom targets $25 phone\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/69503\/vodacom-targets-25-phone\/\" rel=\"bookmark\">Vodacom targets $25 phone<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Vodacom\u2019s acquisition plans\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/69483\/vodacoms-acquistion-plans\/\" rel=\"bookmark\">Vodacom\u2019s acquisition plans<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Vodacom keen on street pole cell towers\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/69421\/vodacom-keen-on-street-pole-cell-towers\/\" rel=\"bookmark\">Vodacom keen on street pole cell towers<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa\u2019s government is exploring the sale of its R26 billion stake in Vodacom to rescue Eskom, according to Bloomberg.<\/p>\n","protected":false},"author":10,"featured_media":54572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[34],"tags":[10333,26,27],"class_list":["post-70979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-government","tag-headline","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/70979","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=70979"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/70979\/revisions"}],"predecessor-version":[{"id":70987,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/70979\/revisions\/70987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/54572"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=70979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=70979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=70979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}