President Cyril Ramaphosa has reaffirmed government’s plans to support ailing state-owned enterprises (SOEs) and made it clear that there’s no intention to privatise them. Ramaphosa was replying to debate on his State of the Nation Address at a joint sitting of Parliament on Wednesday. He did not respond directly to criticism from opposition benches, instead..
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Ramaphosa rejects privatization of SOE’s although the whole lot is poorly managed by incompetent staff, and cost SA billions of rands
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South Africa: The collapse of all State Owned Entities such as Eskom, SAA, SABC etc are all falling apart due to corruption, incompetent management as a result of BEE and government interference
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SOE’s such as Eskom, SAA, SABC etc are all falling apart due to exploitation, unskilled management thanks to BEE and government interference. The sensible solution would have been privatization, but that is absolutely not within the Socialist, Communist framework of the ANC government. The following was reported on Social Media on 17 March 2019: SAA..
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Has Ramaphosa sold South Africa’s soul to the highest bidder after loan agreements with China?
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President Cyril Ramaphosa has once again rejected suggestions that China is a new coloniser and that his government has sold South Africa to the country by signing loan agreements for state-owned enterprises (SOEs). “What we [government] are not in the habit of doing is handing over the assets of our country to any other country..
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