SOUTH AFRICA: TWO OPPOSING VISIONS FOR STATE ENTERPRISE REFORM AS ECONOMY TEETERS
Thu, 21 November 2019
The two ministers in charge of turning around South Africa’s distressed state-owned enterprises have divergent visions for the reform process. An ongoing aviation sector strike will prove to be a vital bellwether for the government’s intentions for eventual restructuring of state power utility Eskom. President Cyril Ramaphosa will have to act decisively to allay investor fears or risk further economic decline and even his own premature removal.
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