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LCA boss drops another bombshell - Lesotho Times
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LCA board chairperson sacked - Lesotho Times
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Govt approves draconian snooping law - Lesotho Times
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Vodacom Lesotho on the brink with regulator over $8m fine
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weekly newspaper.
Vodacom has been caught up in a dust-up with Lesotho’s telecommunications regulator. Vodacom is a dominant player in Lesotho’s telecommunications industry, commanding an estimated market share of about 85%. Another operator in the country is Econet, but it doesn’t have Vodacom’s scale. Lesotho’s private sector, government and parastatals rely heavily on the services offered by Vodacom, which operates in the country through an 80%-owned subsidiary.
In October 2020, the Lesotho Communications Authority (LCA) revoked the operating licence of Vodacom’s subsidiary for failing to pay a portion (R40.2-million) of a R134-million fine relating to alleged weak corporate governance. But Vodacom successfully reversed the LCA’s decision as it won an interim court order.