Strategic privatisation of state assets is possible, Cosatu says

Cosatu will hold discussions on economic policy with its political allies, the ANC and SACP in the next two weeks, which will include identifying state assets that can be partially privatised.

On Monday, the trade union federation's spokesperson, Sizwe Pamla, dismissed a report in the City Press newspaper that Cosatu had done a “180 degree turn” on its policy and now believed that state-owned entities (SOEs) should be privatised...