COSATU vows to fiercely fight against any backdoor privatisation of State -Owned Enterprises
26 June 2018
The Congress of South African Trade Unions has noted the re-emergence of calls and activities by some within the ranks of the movement to advance a privatisation agenda. This first came with the signing of IPPs which happened without any consultation.
Now the exponents of privatisation have developed enough confidence to even make public pronouncements on the breaking up of ESKOM, disregarding anyone in the movement and in the alliance.
As COSATU, we want to state categorically clear that we will fight the backdoor privatisation with every weapon at our disposal. The recent statements by the former minister of Finance Comrade Mcebisi Jonas, who is currently serving as a presidential envoy on international investment is more than an irritation but represents an emerging trend.
We know that his statement was not made by mistake but constitutes a calculated intention to test public opinion on privatisation and appease international investors at the expense of the country’s economic needs.