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Assessing and promoting civil and minority rights in South Africa.

[Source: Mail & Guardian by Steven Friedman.]

State-owned enterprises are vital to many economies, but are particularly vital to those seeking economic development.

This is true in South Africa too. Which makes it odd that the South African government – and much of the policy debate – never sees any value in trying to work out what role they should play in growth and development.

Finance Minister Malusi Gigaba’s interest in selling off government shares in telecommunications group Telkom, to bail out South African Airways (SAA) is the latest example of a trend in which state owned enterprises are seen as useful pawns in government plans but not as national assets whose use should be thought through carefully.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.9% y/y in September 2018 (CPI) & +6.2 y/y in September 2018 (PPI)
-0.7% q/q (2nd quarter of 2018)
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