Privatise Eskom, SAA – Buthelezi
Government should privatise and not pump money into state-owned companies such as South African Airways (SAA) and Eskom, Inkatha Freedom Party leader Mangosuthu Buthelezi told MPs on Tuesday.
"We are pouring good money after bad," he said, speaking during a joint sitting debate on President Jacob Zuma's State-of-the-nation address.
Buthelezi suggested to Zuma that he follow former British prime minister Margaret Thatcher's example, when she privatised parastatals.
"And the UK economy turned around."
In his address last week, Zuma announced an amount of R23-billion would be given to Eskom.
Referring to the chaos that erupted last Thursday, Buthelezi said MPs should be deeply ashamed.
"What happened... was an embarrassment to our country that should make us deeply ashamed. The integrity of this House was torn to shreds," he said.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation