CompareGuru Financial Services is an authorised financial services provider FSP. 47696
Minister of Economic Development, Ebrahim Patel, has said; "Big data, search engines, complex algorithms and social media are the modern utilities that play the role akin to what water and energy utilities did a century ago."So… Why is our data so expensive and where does it all go? Who has the best data deal in SA? We have done a comparison!
“If we can look into issues of allocating more spectrum and introducing more competition, of course then the costs may come down,” she says.In the last couple of years, Icasa have managed to reduce the cost of phone calls down to less than 20 cents to interconnect a call. Now, with the growing demand for internet, they’re looking into the data problem. Causes on the rise, such as Data Must Fall and the Social Media Blackout, are evidence of the public’s outrage. They signify just how important data has become, not just to people’s daily lives but also to our country’s future. We need innovation to compete in any upcoming industrial revolutions, to participate in 21st century economics. A massive driving force behind that will be the availability and affordability of data. Icasa and the National Consumer Commission are set to tackle issues including data expiry and out-of-bundle rates. They’ve also stated, there is no justification for the operators to charge high out of bundle rates, as the operators incur the same costs in providing data, whether in or out-of-bundle. They hope to have completed this huge inquiry by March 2018. This will include a market study, a discussion document, public hearings and a findings document. The next phase of the project is to have a series of market reviews.
“We know you out here fam, and we are listening. #WatchThisSpace something BIG is coming.”Apart from the fact that Vodacom now addresses the public in slang, they also claimed their news would change the game. Since then, they’ve launched My Meg, which will be running until the end of September. With My Meg, Vodacom customers are given up to 1GB free data every day to use on certain apps. Monday is for Facebook, Tuesday for Takealot or Pinterest, Wednesday for Gaming, etc. In the meanwhile, Cell C has also launched a number of competitive subscription packages to rival Telkom’s FreeMe bundles.
Read more about the best and worst insurance companies in South Africa here
1-50MB | 10 days |
50-500MB | 30 days |
500MB-1GB | 60 days |
1-5GB | 90 days |
5-10GB | 180 days |
10-20GB | 12 months |
20GB and more | 24 months |