Stop privatisation - Join the campaign

Title: Stop privatisation - Join the campaign
Creator: COSATU
Subject: COSATU
Date Issued: June 1991
Date: June 1991
Type: text
Identifier: http://hdl.handle.net/10962/135389
Identifier: vital:37263
Description: Privatisation is when government hands over the management or assets of government services to private interests. Privatised services don't provide well for the poor, who can't pay, because private interests must make profits. Government says it will ensure the poor get good services through contracts and regulations - but it doesn't have capacity to enforce them. Privatisation makes it harder to maintain cross subsidies. Cross subsidies mean rich communities or industry pay more, so that poor households can pay less. Getting rid of cross-subsidies tends to make the prices for services for the poor go up. Privatised companies don't take the broader economic needs of the country into account, for instance by buying goods locally as a way to create jobs, and providing affordable services in remote regions.
Format: 27 pages
Format: pdf
Publisher: Congress of South African Trade Unions (COSATU)
Language: English
Rights: Congress of South African Trade Unions (COSATU)
Rights: No part of this publication may be reproduced or transmitted in any form or by any means without prior permission from the publisher

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