Flag and Symbol
Media & Artwork
Documents
Events
Campaigns
Leadership Structures
Offices/Staff
Vacancies
Contacts
African Communist PDF Archive
African Communist Digital Archive
Bua Komanisi
Eastern Cape Bulletin
Umsebenzi Online
Umsebenzi
Voice of the Proletariat - Northern Cape Publication
YCL
ANC
COSATU
International
Feedback Form
Links
 
Google Groups

Subscribe to

Umsebenzi Online

Alternatively visit this group.

Subscribe to

Communist University

Alternatively visit this group.

Contact us
Tel:  +27 11 3393621
Fax: +27 11 3394244
+27 11 3396880

info@sacp.org.za

PO Box 1027,
Johannesburg 2000,
South Africa

The latest Umsebenze Click here to view the Latest Umsebenzi. [PDF]

The latest Umsebenzi Online

RED ALERT
Counter-revolution - corporate rule and state capture
Read more

The latest African Communist Click here to view the Latest African Communist. [PDF]

Private corporate agenda to capture SAA

28 September 2017

Mmusi Maimane, leader of the "Democratic Alliance" (DA), is propagating an agenda to land SAA in the hands of private corporate interests.

Conveying state assets to private interests, whether you call it a sell-off or privatisation, is a strategy of corporate capture of state assets. What are we fighting right now as genuinely concerned South Africans? We are fighting the capture of the state and its assets by private corporate interests, no matter how its agents and their beneficiaries frame it and regardless of who they are.

We need a democratic developmental state that appreciates the importance of productive assets; a state that will make public enterprises vibrant, effective and successful in the interests of the people as a whole rather than a few.

There is nothing necessarily inherent about success with private corporations. They often fail, causing serious economic crisis such the 2008 global economic crisis that is yet to end, and are bailed out by states using tax payers monies. Large corporations such as General Motors and even banks were bailed out by the state in the US after the eruption of the crisis and so were the African Banks of this world in South Africa.

There are corrupt, collusive and unethical private corporations as we have seen in the built environment, food industry, steel sector, etc. in South Africa. History is littered with evidence. Surely private corporations such as the Guptas' Oakbay Investments, KPMGs, Bell Potingers and Trillian Capitals of this world cannot be regarded as innocent in the governance decay that has been suffered by some of our state authorities and public enterprises. The destruction of SAA, which must be rebuilt to become successful, was not without the role played by private corporate interests.

ISSUED BY THE SOUTH AFRICAN COMMUNIST PARTY | SACP

FOR GENERAL ENQUIRIES ON SACP STATEMENTS CONTACT:

Alex Mohubetswane Mashilo
National Spokesperson & Head of Communications
Mobile: +27 76 316 9816
Skype: MashiloAM

CIRCULATION & MEDIA LIAISON SERVICES

Hlengiwe Nkonyane
Communications Officer: Media Liaison Services, Digital and Social Media Co-ordinator
Mobile: +27 79 384 6550

OFFICE, WEBSITE, TWITTER, FACEBOOK, USTREAM TV CHANNEL

Office: +2711 339 3621/2
Twitter: SACP1921
Website: www.sacp.org.za
Facebook Page: South African Communist Party
SACP Ustream TV Channel: http://www.ustream.tv/channel/sacp-tv

Print