Economist Lumkile Mondi says SAA must be privatised, Vavi disagrees

Wits Economics lecturer Lumkile Mondi says troubled state-run airline South African Airways (SAA) should be privatised because it is not the right priority for government.

Mondi says the government is preoccuppied by white monopoly capital instead of their democratic mandate to address oppression and poverty.

Mondi says injecting taxpayers money into the ailing airline does nothing to alleviate the poverty faced by majority of South Africans.

Since 1994, it is probably over R50 billion that SAA has cost South African taxpayers.

Lumkile Mondi, Senior Lecturer at Wits School Of Economics And Business Science

The responsibility lies at the hands of the governing national congress

Lumkile Mondi, Senior Lecturer at Wits School Of Economics And Business Science

Meanwhile, trade unionists Zwelinzima Vavi says there is a case to retain SAA as a state-owned enterprise.

Vavi says that the current ANC-led government is discrediting the interventions that should be in place to transform society.

If we sell this state institution because of the crony nature of the current regime, then we must know that we are building very firm foundations for a society that works for the few.

Zwelinzima Vavi, General-Secretary of the South African Federation of Trade Unionm (Saftu)

Take a listen:


This article first appeared on CapeTalk : Economist Lumkile Mondi says SAA must be privatised, Vavi disagrees


Recommended

by NEWSROOM AI
Read More
Hiding inside the 'dark web' - the horrors of child pornography

Hiding inside the 'dark web' - the horrors of child pornography

Expert says says child pornography has the effect of re-abusing the victim because it always exists online.

Thousands expected to march in support of Zuma

Thousands expected to march in support of Zuma

Supporters of the former president are expected to march to the Durban High Court on Friday.

NPA to pursue Zuma prosecution

NPA to pursue Zuma prosecution

NPA boss Shaun Abrahams announced on Friday that the state will reinstate fraud and corruption charges against Jacob Zuma.

[WATCH Bongani Bingwa] Politicians personify low standards and are nonsensical

[WATCH Bongani Bingwa] Politicians personify low standards and are nonsensical

Breakfast show host Bongani Bingwa interrogates the issue of corruption by state officials and questions their competence.

[LISTEN] Neighbours from hell:  Callers share their stories

[LISTEN] Neighbours from hell: Callers share their stories

Tebogo says his neighbor is always borrowing a cup of sugar and other non-perishables.

'Encourage people to take precautions against listeriosis but they need water!'

'Encourage people to take precautions against listeriosis but they need water!'

702's Bongani Bingwa comments on the Cape Town water crisis, saying residents may be exposed to disease if it is not resolved.

Popular articles
Feasibility study for Gautrain expansion completed but no approval yet

Feasibility study for Gautrain expansion completed but no approval yet

MEC for Transport Ismail Vadi says the feasibility study has been submitted to Treasury for consideration and formal approval.

Magashule has never taken responsibility for anything says Mxolisi Dukwana

Magashule has never taken responsibility for anything says Mxolisi Dukwana

Dukwana accuses Magasshule of taking him to Saxonwold and asking him to sign a project over to the Guptas for R2 million a month.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

'As long as I'm mayor, I'm not going to sit back and watch criminals take over'

'As long as I'm mayor, I'm not going to sit back and watch criminals take over'

City of Johannesburg Executive Mayor Herman Mashaba says criminals cannot be allowed to threaten service delivery in the city.