The privatisation of SOEs has been a hot topic for many years – as some believe it’s the only way to rescue them from a total collapse.
JOHANNESBURG - The Multi-Party Charter believes the government is wasting funds on maintaining and bailing out struggling state-owned entities .
The alliance comprising 11 parties including the Democratic Alliance , Action SA and Inkatha Freedom Party says privatising SOEs could bring much needed relief to the country’s coffers. At a media briefing held in Benoni on Wednesday, party leaders in the MPC unveiled plans to improve social relief and increase grants.
DA leader John Steenhuisen says the declining state of SOEs is proof South Africa can’t maintain them. "There’s no need for us to be running state-owned diamond mines, state-owned airlines, state-owned this state-owned that and they can end up costing South Africa much more."With 35 days until the elections, the Multi-Party Charter is revealing its social relief framework as millions of South Africans are trapped below the poverty line.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘One party won’t win Gauteng’ – opposition in the Multi-Party CharterOpposition parties unite to challenge the ANC in Gauteng, confident of forming coalition government post-election.
Read more »
No betrayal allowed: Mashaba’s concern over Multi-Party Charter members back-trackingActionSA leader Herman Mashaba says Multi-Party Charter members cannot go into bed with the same party they want to defeat.
Read more »
IFP's Hlabisa backs Multi-Party Charter to be better at governing than ANCWith IFP leader Velenkosini Hlabisa predicting the ANC would fall below 50% in support in next month's polls, he said that the groundwork had been laid for a coalition government.
Read more »
ActionSA lambasts Ekurhuleni multi-party mayoral committee - SABC News - Breaking news, special reports,Makhubo says the Ekurhuleni committee only cares about holding on to power over service delivery.
Read more »
MK Party Axes Premier Candidate, South Africans Slam the PartyThe MK party allegedly axed its KwaZulu-Natal premier candidate, Nhlanhla Ngidi. He is the third leader to be removed from the party's leadership structures.
Read more »
South Africa: Elections 2024 - a Party for the Children Is a Party for the FutureAll political parties should prioritise early childhood needs
Read more »