Plessey says it has completed the building of installation sites for the northern ring of state-owned Broadband Infraco’s new national network. Broadband Infraco is in the process of refurbishing 13 125 km of fibre optic cable as it works to expand its network to include metros and underserviced areas. The state-owned enterprise, which has a budget [...]
Public Enterprises minister, Malusi Gigaba, has appointed Puleng Sejanamane as the CEO of state-owned enterprise, Broadband Infraco. In March 2011, former CEO, Dave Smith, resigned after the an internal audit report revealed a lack of systems and apparent lapse in leadership by the board and management in critical moments. He was replaced by Andrew Shaw [...]
The Department of Public Enterprises (DPE) says capacity from the West Africa Cable System (WACS) will see Broadband Infraco provide its customers with capacity both on the national long distance and internationally.
Speaking at the New Age business briefing, Public Enterprises minister, Malusi Gigaba, added that issues which had plagued the state-owned enterprise were being resolved.
“We have worked persistently on sorting out Infraco’s internal capacity and reassessing its business case and the government’s role in this sector,” he said.
Broadband Infraco has wasted R1.9 million over the past financial year, while another R151 million was recorded as irregular spending.
While the auditor general gave the state-owned enterprise a qualified audit for the spending, the accounting authority noted that it could not confirm whether that was all the money wasted over the 2010/11 financial year.
Despite meeting targets on pricing for telecommunication services – the annual report revealed the company had failed to achieve 100% broadband connectivity, availability and access and had recorded a loss of R206.9 million.
The Department of Public Enterprises (DPE) has appointed a new chairperson and six members to the board of state-owned enterprise, Broadband Infraco. Announced at a special general meeting of the company, Public Enterprises minister Malusi Gigaba announced the changes would ensure Broadband Infraco fulfils its mandate. Following a R207 million loss in the 2010/11 financial [...]