Cosatu will consider a strategic equity partner for SAA, ‘but our conditions are that the state should remain a majority shareholder,’ says spokesperson Sizwe Pamla
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.
“Cosatu has a resolution on privatisation that has not changed. It was always a strategic and nuanced position that in certain sectors — electricity, water, passenger rail, municipal services — there should be no privatisation. We must make sure, for example, that the Passenger Rail Agency of SA , which is used by eight-million working people, is not privatised. But that cannot be said about SAA, which does not have the same strategic role,” Pamla said.
At the next political council of the alliance, planned for the beginning of December, Pamla said as part of a discussion on economic policy, nonstrategic SOEs or enterprises that required capital injection, Cosatu was open to talking.
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