Transnet national ports authority tenders dating

Transnet national ports authority tenders dating

Eskom could disappear altogether, or become one of a number of competitive suppliers, or it could reincarnate itself as the grid operator, which would itself be privatised. Metrorail, which is erratic and unsafe, could be licensed out to metropolitan authorities, who would themselves then be able to sub-let commuter operations to private companies. Mr Gordhan had himself earlier been dismissed for reasons never stated but widely suspected to have arisen from his refusal to authorise expenditure at the behest of Mr Zuma. Millions of workers were laid off. The third is to turn companies that drain the fiscus into taxpayers contributing to it.

If the price is too low and then jumps, taxpayers may feel cheated by the sale of a state company below its market value, enabling investors to make windfall profits. Instead it should be supplemented by the opening up of job opportunities elsewhere. But it does not go far enough. The National Ports Authority is responsible for the safe, effective and efficient economic functioning of the national port system, which it manages in a landlord capacity. Apart from job losses, human consequences include deaths in operating theatres when power failed and backup systems did not kick in.

At the same time

At the same time, employees of state companies that were privatised should be given share options. If they have appropriate managers and boards and are properly regulated by the state where regulation is necessary, they can operate efficiently, as does Ethiopian Airlines.

Eskom could disappear altogether or become

The ports should be sold to different companies, both to prevent a private monopoly taking over from a state monopoly, and also to maximise competition between the various ports. Even though it may take time to prepare South African state companies for privatisation, the private sector is likely to fix them much more quickly than the government can.

Transnet National Ports Authority

The third is to turnMetrorail which is

As far back as the government had also contemplated splitting Eskom into separate generation and transmission companies. The share of this accounted for by public entities and state-owned companies is R billion the balance being accounted for by national, provincial, and local government departments. Allowing competition, it added, would improve efficiency while increasing investment levels, entrepreneurship, and employment. Moreover, even if Denel had a board of unquestioned expertise and integrity, there is no need for the South African state to be involved in the manufacture of armaments anyway. Canada even privatised its air traffic control system.

Towards the end of last year he suddenly dismissed Nhlanhla Nene as finance minister and replaced him with Des van Rooyen, who would presumably be more compliant. Companies no longer relevant to the development agenda would be phased out. Another is Russia, which in more recent years extended the reach of the state. How much, of course, will depend on the rate of economic growth, which itself will depend on the availability of reliable electricity.

This company, which wants to expand into coal-mining, should also be disposal of. Private operators would be able to compete with inter-city air and road travel. Also, the private sector is not necessarily efficient. High charges have driven away bunkering opportunities. It should do so for a number of reasons.

If they have appropriate managers

Listing on a stock exchange which requires full disclosure of all risks and opportunities is one means of ensuring this. The rapid restructuring of Eskom, Transnet, Telkom, and Denel was envisaged. Something far more ambitious is required. This would enable the present board to be replaced by competent rescue practitioners.

Millions of workersMr Gordhan had himself earlier been

This is another reason for privatisation rather than continued state capitalism. The risk that privatisation would allow a supposed state monopoly to become a private monopoly was thus greatly diminished. Two years ago there was speculation that the government might sell its share of Telkom, whose share price had in the meantime staged a spectacular recovery, to help Eskom.