BBI
BROADBAND INFRACO
LEGISLATIVE MANDATE
To be recognised as the wholesale provider of choice for backhaul connectivity.
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
CONTACT DETAILS
FPB
FILM & PUBLICATION BOARD
LEGISLATIVE MANDATE
The Film and Publications Board was established in terms of Films and Publications Act of 1996 to Regulate the creation, production, possession, and distribution of certain publications and certain films by means of classification, the imposition of age restrictions, and giving of consumer advice.
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Ensures protection of children against premature exposure to adult experiences and harmful materials; provides consumer advice to enable adults to make informed viewing, reading, and gaming choices, for themselves and for children in their care; as well as criminalising child pornography.
CONTACT DETAILS
ICASA
ICASA
LEGISLATIVE MANDATE
The Independent Communications Authority of South Africa was established by the Independent Communications Authority of South Africa Act (2000) to regulate the South African communications, broadcasting and postal services sectors. The regulator’s mandate is defined in the Electronic Communications Act (2005) as licensing and regulating electronic communications and broadcasting services, and in the Postal Services Act (1998) as regulating the postal services sector
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Monitors licensee compliance with licence terms and conditions, develop regulations for the three sectors, plan and manage the radio frequency spectrum, and protect consumers in relation to these services.
CONTACT DETAILS
NEMISA
NEMISA
LEGISLATIVE MANDATE
To train previously disadvantaged individuals, particularly women, to equip them with the necessary skills to play significant roles in the constantly changing broadcasting environment.
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Offers hands-on training in the electronic media, including content design and production, technical operations and content transmission. It also provides skills training at an advanced level for the broadcasting industry. National certificates and short courses are also offered.
CONTACT DETAILS
SABC
SABC
LEGISLATIVE MANDATE
The mandate of the South African Broadcasting Corporation SOC Limited (SABC) as a public broadcaster is defined in terms of the following statues:
- The Constitution of the Republic of South Africa, No. 108 of 1996;
- The Broadcasting Act No. 4 of 1999, as amended;
- The Independent Communications Authority of South Africa Act No. 13 of 2002, as amended;
The Electronic Communications Act No. 36 of 2005, as amended.
FINANCIAL RELATIONSHIP
Mixture of government funding and self-funding
NATURE OF OPERATIONS
Providing public broadcasting and commercial services, whether by analogue or digital means, and providing radio and TV programmes of information, education and entertainment funded by advertising, subscription, sponsorship, licence fees or any other means of finance
CONTACT DETAILS
SAPO
SOUTH AFRICAN POST OFFICE
LEGISLATIVE MANDATE
To conduct postal services in the country and offer financial services through Postbank.
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Provides postal and related services including the financial services activities of Postbank to the public.
SENTECH
SENTECH
LEGISLATIVE MANDATE
To provide broadcasting signal distribution for broadcasting licensees.
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Provides broadcasting signal distribution for broadcasting licensees.
CONTACT DETAILS
SITA SOC
STATE INFORMATION TECHNOLOGY AGENCY
LEGISLATIVE MANDATE
To leverage ICT as a strategic resource to enable government to improve service delivery and to meet the challenges faced by a developmental state.
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Provides decentralised, On-Site management & On-Site support to the LAN infrastructure on the client’s environment, but not limiting it to decentralised management & support that encompasses the integrated control, operational support, monitoring and maintenance of the local area network.
CONTACT DETAILS
USAF
USAF
LEGISLATIVE MANDATE
The Universal Service and Access Fund was established in terms of section 89 (1) of the Electronic Communications Act (2005).
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
To make payments for subsidies towards the provision of ICT services, as well as the construction or extension of electronic communications for needy person in under-serviced areas.
CONTACT DETAILS
USAASA
USAASA
LEGISLATIVE MANDATE
To manage Universal Service Fund in the promotion of universal service and universal access to electronic communications services, electronic communications networks, and broadcasting services
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
Through research USAASA advises on policy matters. Through the disbursement of project subsidies, it actions universal access obligations in under-serviced areas.
CONTACT DETAILS
.ZANDA
.ZADNA
LEGISLATIVE MANDATE
To administer, regulate and issues licenses in terms of the Electronic Communications and Transactions Act (2002)
FINANCIAL RELATIONSHIP
Transfer of funds
NATURE OF OPERATIONS
The Domain Name Authority must administer and manage the .za domain name space, comply with international best practice in the administration of the .za domain name space; license and regulate registries and registrars for the respective registries and publish guidelines
CONTACT DETAILS
TELKOM
TELKOM SHAREHOLDING
Telkom historically evolved as part of the then Department of Posts and Telecommunications that existed prior to the demise of Apartheid.
Telkom was separated from the SAPO Post Office in 1991 during the process of commercialisation of both.The first democratic government that was inaugurated in 1994 determined a need to create a modern telecommunications company to serve the new democratic state and its people.
In order to do this, it was determined that a Strategic Equity Partners was required which would inject skills, capabilities, new technologies and funding to modernize Telkom.
In 1997, a Strategic Equity Partner in the form of Thintana Communications LLC (Thintana), a company registered in the US and a joint venture made up of Telkom Malaysia and SBC Communications was acquired. The Strategic Equity partner acquired 30% of Telkom form the Government of Republic of South Africa.The proceeds from sale of equity to Thintana was reinvested into Telkom in order to modernise the company.
A shareholders agreement to govern Telkom and allocated powers to control Telkom was entered into and codified in the Articles of Association essentially providing for reservation of powers/rights between the parties.
In 2003, an Initial Public Offer (IPO) was made a Telkom was listed both in the New York Stock Exchange and Johannesburg Securities Exchange with the primary listing being at the JSE. At the point of the IPO the shares of Telkom were sold at an initial share price of R27.
In terms of the revised Shareholder’s agreement which was later codified in the Articles of Association the two major shareholder being Government of the Republic of South Africa were deemed significant shareholders and granted a golden share (class shareholding) which entitled them to a reservation of certain rights in the control of Telkom. The golden share among other things entitled each Class Shareholders to appoint specific number of directors and an entitlement to veto certain decisions.
The rights and powers granted by the golden share were to expire on losing the status of being a significant shareholder or upon reaching the eight anniversary of the IPO (March 2011).
Upon completion of the IPO, Government was left with 38.4% shareholding in Telkom, Thintana with 30% and the rest being in the public hands.
In 2004 Thintana reduced its shareholding by selling through a book building exercise to 15.1%.
In 2005, Thintana sold its remaining 15.1% shareholding.
As at 31 March 2011, the shareholding in Telkom was:
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- Government 39.8%
- Public Investment Corporation 10.9%
- Telkom Treasury 2.0%; and
- Free Float 47.3%
