Privatisation and deregulation policies in South Africa
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This research report examined the key policies of globalisation namely, privatisation and deregulation of services and also their implication on the Tri-partite alliance. Because they have impacted negatively on major economic sectors, particularly to those that help the needy. Therefore, the study explores these initiatives, which has been debatable in South Africa under the dominant understanding of ‘progress’ or ‘development’. The Objective of the study is to lay the basis for the examination and evaluation of policy option with regard to privatisation and deregulation of services in South Africa and to engage South Africa effectively in global policy debates and adjust in global trends and negotiations within the region (SADC) and other international countries. It examines global challenges and opportunities / threats for South Africa as a developing country in the emerging global order. This study also attempts to provide answers to several questions concerning privatisation and deregulation of public services in South Africa. To the poor, is deregulation and privatisation of state assets threatening to become the new apartheid, which is an instrument of exclusion, not just from a better life but even from the very basic services? How are workers and including the poorest of the poor affected by the status of deregulation and privatisation? Do the timing and specifics of these processes matter? Who should attempt to regulate the auction, as some of government officials seems to be corrupt? And which prior restructuring policies are worth implementing?