Cable theft costs Telkom R3-billion

In the past three years Telkom has suffered almost R3-billion in losses because of cable theft, Parliament was told on Friday.

The losses are made up of the value of the material stolen, the cost of security to guard against theft, and lost revenue as a result of the absence of phone lines, according to a written reply given to a question from the Democratic Alliance to Siphiwe Nyanda, the Communications Minister.

Telkom uses outside contractors to improve their protection against theft, Nyanda said. “The vendors have intelligence capacity and are specialised in curbing cable theft,” he added. “The decision to use vendors has also assisted the Telkom Group to efficiently manage limited internal resources.”

The minister said that the nature of the protection being provided has now changed from reactive patrol to proactive operation.

He also said that penalty clauses have been in effect since last year, which mean that the payments to the contractors are reduced if they fail to cut the amount of cable stolen.

The cost of security has risen sharply during the past three years from R127-million in 2006/07 to R231-million last year. But as a result, the cost of replacing or repairing the copper stolen has dropped from R179-million to R141-million. The loss of revenue has, however, shot up from R368-million to R907-million. The minister pointed out that the revenue loss figures are estimates only. — I-Net Bridge

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever. But it comes at a cost. Advertisers are cancelling campaigns, and our live events have come to an abrupt halt. Our income has been slashed.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years. We’ve survived thanks to the support of our readers, we will need you to help us get through this.

To help us ensure another 35 future years of fiercely independent journalism, please subscribe.


Schools: Confusion rather than clarity and confidence reign

The way in which Angie Motshekga has handled the reopening of schools has caused many people to lose confidence in her

The backlogs, denials and future of testing Covid-19

The National Health Laboratory Services finally admitted to a bottleneck last week, after denying there were any issues since April. According to the service, the backlog of 80 000 tests started in the first week of May

press releases

Loading latest Press Releases…

The best local and international journalism

handpicked and in your inbox every weekday