to produce cheap steel rails for the South African Railways and Harbour and to create some independence from the profit-seeking European steel makers.
Even more contentious were the corporations’ labour policies. In the 1920s and 1930s, the white South African government pursued a policy of favouring white people in industrial jobs as a means of alleviating poverty in largely Afrikaans-speaking rural communities. State entities were under the most pressure to hire whites, many unskilled, into their operations.
By 1948, Eskom had succeeded in expropriating the private company with assistance from the largest mining company in the country –— which provided money for the buy-out. Eskom then linked all power stations in the country into a national grid allowing for cheaper production of electricity and lower prices to its customers.
Ultimately, the early state corporations could only survive by relying heavily on support from private capital in the form of partnerships and outright financial support, and the extensive use of disenfranchised and thus lower cost labour to insure low charges to its customers.
They worked well until Black people took over - and that's a fact.
Because the whole country was using prima stoves for 80years u pigs
Viva the National Democratic Revolution!! Viva Radical Economic Transformation!!, Viva!!!
Ma_VhunGu
Ill definitely read this.
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