State-owned enterprises (SOEs) like Eskom and Transnet have cost taxpayers R520 billion in bailouts over the last decade, yet service delivery keeps declining. The problem? Government-protected monopolies with no competition.
The Solution:
FreeSA’s proposed amendment would ban SOE monopolies unless 75% of Parliament agrees they’re vital for national security. This would:
- Open the market to public-private partnerships.
- Boost efficiency through competition.
- Stop endless bailouts for failing SOEs.
South Africa can’t afford another decade of SOE failures. It’s time to break the monopoly stranglehold.
Call to Action:
Demand an end to SOE inefficiency. Support this amendment by making your submission today.