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Eating yourself

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Lee_1
Frequent Contributor
The SA government foists a partner on Telkom. The partner asset strips it and commits uncompetitive practices. After the government has refunded the partner and allowed them to leave, the Competition Commission then attempts to award the new management a R3.7 Billion fine. Stupid enough to eat themselves it seems. No individual punished. http://www.balancingact-africa.com/news/en/issue-no-411/telecoms/south-african-indust/en Fortunately the courts saved Telkom from much of this idiocy. How contradictory that the highest fine agreed for the construction companies colluding to cheat the country during the World Cup was R311 million by WBHO, a mere 1.74% of their annual turnover. No individual punished and most had also already been advised to retire. https://mail.google.com/mail/?shva=1#trash/13f8066d224c3add Strange world to invest in but one lesson seems to be, steer clear of anything that belongs to the nation.
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