'Bribery' bombshell risks stalling Vodacom's Neotel bid

Doubts have been cast over Vodacom's proposed R7-billion bid for South Africa's second network operator, Neotel, because of allegations of bribery and corruption involving officials at the company. Last week, the Mail & Guardian reported that Neotel paid R66-million - allegedly in kickbacks - between April last year and February to a company called Homix to secure a R1.