The restructuring of state assets was expected to contribute towards black
economic empowerment and a broader redistribution of wealth to those who were
previously excluded from participating actively in the economy of this country.
However, there have been several accusations leveled at government. Some
people believe that privatization of state assets has benefited a few. This has led to
the enactment of the Broad based black economic empowerment act. There is also
a concern from the communities and unions that privatization of state assets will
result in poor service delivery and unemployment.
The study was conducted through a quantitative methodology. The final
questionnaire was administered to 40 taxi owners, 20 government employees, 20
contractors, 20 business owners and 40 local residents. Out of the 140 people, II 0
responded, thus a 79 % response rate, all was used for data analyses. The various
variables (responses to individual questions) in the questionnaire were arranged to
obtain a rating for each dimension covered. This procedure assumes equality of
interval of the Likert scale and therefore the data is regarded as the least interval
data (rather than ordinary data).
The findings on the study showed that majority of the respondents were not in
favour of privatisation. Recommendations made were as follows, the government
through its education programmes in schools and in Adult Basic Education and
Training (ABET) canters must educate citizens about socio-economic and political
issues as well as familiarizing them with the government's macro - economic
policy, in particular the GEAR policy. The government should only make partial
privatization, and not complete/ whole privatization. / (MBA) North-West University, Mafikeng Campus, 2006
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nwu/oai:dspace.nwu.ac.za:10394/11212 |
| Date | January 2006 |
| Creators | Raseala, Charles Mpopodi |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
Page generated in 0.008 seconds