South Africa's Planned Privatization Of State-Owned Firms Gathers Pace | Africa : Commodity Bridgehead to Asia |
Privatization of state-owned companies in South Africa has been a thorny issue for long, but the government seems to be making progress in shedding of some of its loss-making inefficient corporations. Investors have floated proposals to buy shares in Transnet, the country's state-owned transport and logistics company , and airline assets owned by the government including South African Airways, SA Express, SA Airlink and Mango Airlines.