BPE
October 18, 2018
What is the case for privatisation?
There is clear evidence that public enterprises have contributed to our economic stagnation and poor national image. Public enterprises have:
- Created economic inefficiency;
- Consistently incurred financial losses;
- Absorbed a disproportionate share of credit;
- Contributed to financial deficits and imbalances;
- Contributed to and entrenched parasitism and corruption; and
- Attracted rapacious military-civilian elites to politics.