ANDILE NTINGI: Lift the state’s heavy hand and let Telkom soar to greater heights
The government’s reluctance to cut its stake is indefensible — and it should allow other SOEs to go private too
05 March 2023 - 07:23
Most countries, including South Africa, have mixed economies in which the state regulates markets and participates alongside the private sector as an investor and an operator of businesses.
In South Africa the government owns and operates about 700 companies, most of them created during the apartheid era to facilitate infrastructure development and stimulate industrial growth when the country faced international sanctions. ..
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