The Independent Communications Authority of South Africa has published draft regulations that could introduce strict processes for shareholding changes among networks providers and broadcasters.
Icasa motivated the proposed change by saying that its current notification process is susceptible to abuse or being incorrectly applied. Strachan and Ramoabi highlight that the process to obtain Icasa’s approval is not set out in the draft regulations, so it is unclear how it will work and what fee would need to be paid.
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