No privatisation, says Cyril Ramaphosa
President lauds Post Office and says private sector is not the most efficient way to deliver services
26 June 2019 - 18:18
As embattled state-owned enterprises (SOEs) are on the verge of financial collapse, requiring significant bailouts from the state, President Cyril Ramaphosa has emphatically ruled out privatising any of them.
Many observers have called for the privatisation of some SOEs to reduce the financial burden on the state and resolve efficiencies. ..
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