Governance involves balancing the needs & aspirations of ALL citizens (including children, unemployed, disabled, poor, old, vulnerable groups etc) awa protecting nature while harnessing resources for the benefit of all plus create an environment business can thrive in. Business, otoh, only have a responsibility towards investors and clients / customers. SOEs provide services - such as education, healthcare, infrastructure etc - on a "non-profit" basis so the economy can take advantage of lower cost business inputs (electricity, transport, urban & gov services etc). It all very well for a business to want to privatise essential services, but it may not be in the best interests of the country as a whole. For example, it's not only business that need electricity; electricity is used to run infrastructure, for food production, in households (rich & poor), education, healthcare, charities & welfare etc. Therefore electricity should be viewed as an essential service and NOT be privatised. If we look at the UK & USA where a lot of gov services are privatised you get energy poverty (where people can no longer afford it) and poo in rivers & oceans because it's cheaper for companies to dump human waste than treat it. We cannot fix bad governance with privatisation... people will die. We need to fix bad governance. Let's discuss how to fix bad governance & corruption etc, and not privatisation

@dewaldcarstenstimberfoxfir7604

11 ай бұрын

Wt de fok rook jy????

@MikeB-3791

11 ай бұрын

@@dewaldcarstenstimberfoxfir7604 apparently france privatized their energy sector and prices went sky high. they then nationalized the energy sector and all those 'private investors' lost their money. once 'rupet' and his gang own energy, sa will never be sovereign.

@bman4509

11 ай бұрын

Well said and on point... Bad governance is the problem... Consumers always have to bare the full costs as they are passed on.. With the wealth inequality in S.A that would be a worse disaster