Local producers up in arms after minister defers anti-dumping duties to curb shortages and rising food costs.
Nhlanhla Gumede, head of electricity regulation at SA's energy regulator, says a 'one-stop shop' is needed to speed up processes.
Nick Dreyer is the co-founder and CEO of Veldskoen Shoes
Vodacom and Please Call Me inventor Nkosana Makate are no closer to reaching an agreement over compensation almost two years after a Constitutional Court ruling that Makate must be paid.
Talks between the cellphone giant and Makate have apparently run into overtime because the parties are battling to agree. The matter has now been referred to Vodacom CEO Shameel Joosub for arbitration.
Vodacom said: "Discussions between the parties are ongoing and are in accordance with the steps outlined in the Constitutional Court order."
Makate was only willing to confirm a deadlock. "I can confirm that we are currently seized with the process that is before the CEO." He said negotiations had deadlocked in December.
Neither Makate nor Vodacom responded to questions about the amount of compensation that had been offered. But sources close to the matter said among the reasons for the stalled talks was an offer Vodacom had tabled which was far less than Makate's legal costs, estimated to run into te...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.