Magashule against privatisation of Eskom - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Magashule against privatisation of Eskom via SABCNewsOnline

Eskom has been struggling to meet electricity demand in the country. Its debt stands at over R450 billion.

Magashule says the power utility must remain under state ownership. He was delivering the keynote address at a rally to celebrate the ANC’s 108th anniversary at Ugu Sports Stadium in Port Shepstone on the KwaZulu-Natal south coast. “ the people of the ANC, stand and say to the governing ANC to not privatise Eskom. Eskom must still be under the ownership of the state, and we want a developmental state. Let us not lose sight of the freedom we fought for. We got political freedom, but we didn’t get economic freedom.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hawu SABC it's not an individual stance, it is an ANC. Resolution.

He speaks on behalf of the ANC as a collective. Its not just his personal view

This SABC is now full of propagandists, This is that party's position stop narrativing here

Is this his personal opinion or he was speaking on behalf of the movement 🤔

Of course he is...

Like the majority and natives of the country are! Only foreigners who are a minority want privatization and transfer of control to white monopoly

FS province is in a mess because of his leadership style . What is wrong with this guy ? Corruption is written all over his face .

He doesn't disagree on board meeting but media, just to confuse the enemy, wait clever blacks, let's see

ANC not Magashule ANC is not a project of capital and thus cannot support the enrichment of the private capital .

👌👌👌

Not at all surprised! How I wish we never had to read about this mans opinions.... long to see him in an orange jumpsuit. AceMagashule99

Now he's talking the same language with Tito

KhandaniM not just Eskom bra ace Magashule_Ace must be against all forms of privatization

Its ANC resolution not Mr Magashule..

Of course that is their cash cow. I am not surprised..They are going to the dustbin of history with it.

Tomorow all news papers will be reporting lies about him, and Sars is going to audit him soon. You don't mess with Cyrls funders and you don't mess with Lord Pravin

Unfortunately Ramaphosa and Pravin have already spent their pay for screwing up South Afticans. That fat ass Tito Mboweni is also part of the garbage. Only a civil war will save our jobs now. They new scramble for Africa is being led by our own.. Magashule_Ace

Sophie_Mokoena Magashule collapsed all free state municipalities, he must just shut up

Here comes a downgrade. Rand value will depreciate terribly, loaf of bread will cost R1million.

Magashule is against everything and anything

It's his personal view, the question is : what does South Africans want?

Unless he is gonna give eskom some of the money he looted, he needs to shush.

We all know eskom wont get privatized, but privatize some SOE's

What is his discernible plan...?

Why.. No money left not even pocket change for any one..just privatise

That would be like taking his cheque book from him.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines