News (134)

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The question of privatizing state-owned refineries is a central dividing line in the elections 2019

The Financial Times reports that the question of privatizing state-owned refineries was a central dividing line in the 16 February election of the President, Vice President and National Assembly. The incumbent, President Muhammadu Buhari’s “focus is state-led growth and his plan is to form public-private partnerships to revive the refineries.” Atiku Abubakar, his main rival, “plans to sell off the refineries. The 72-year-old made his fortune in the oil and gas business before leading the country’s patchy privatisation drive as vice-president in the 2000s.”

Source: peopleoverprof.it

COSATU led a national strike against job losses and privatisation

The Congress of South African Trade Unions (COSATU) led a 13 February national strike, saying “when the workers demanded a strike against job losses and privatisation, the Central Executive Committee obliged.” Cosatu president Zingiswa Losi, who led the march in Durban, said “we should agree with the ANC government that you can unbundle Eskom if you want, but there should be no job losses, no electricity cost increases and no privatisation.” [Pretoria News, 14 February 2019]

Source: www.cosatu.org.za

The National Union of Metalworkers has criticised the spliting of the Escom

The National Union of Metalworkers (NUMSA) has criticised the announcement by President Cyril Ramaphosa during his state of the nation address that power utility Eskom would be split into three state-owned entities. “‘This is nothing more than privatisation through the back door and we reject it,’ NUMSA general secretary Irvin Jim said in a statement. ‘Only an Eskom which is completely owned and controlled by the state is the best guarantee for cheap electricity. ‘History has shown us that once the private sector is allowed to step in, prices increase and massive job shedding is inevitable,’ Jim said.” President Ramaphosa says “there are sound, valid and compelling reasons to separate Eskom into different entities. It is not a path to privatisation, as the Hon Malema will have us believe.”

Source: www.timeslive.co.za

Documents (16)

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Diversifying Public Ownership. Constructing Institutions for Participation, Social Empowerment and Democratic Control (by Andrew Cumbers)

This paper advocates a form of economic democracy based around diverse forms of public ownership. It does not prioritize one particular scale but recognizes the importance of decentralized forms of public ownership, to encourage greater public participation and engagement, mixed with higher level state ownership, for strategic sectors and planning for key public policy goals (e.g. tackling climate change). It takes a deliberately pluralistic definition of public ownership, recognizing both state ownership and the role that cooperatives and employee ownership could play in a more democratic economy.

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Our City, Our Grid: The energy remunicipalisation trend in Germany (By Sören Becker)

This chapter gives an account of remunicipalisations in the German energy sector, and is divided into two main parts. The first section discusses the different factors enabling remunicipalisation. The second section turns to the politics and strategies behind two remunicipalisation cases in Hamburg, contrasting a more consensual and top-down variant of remunicipalisation with one that involved more conflictual public mobilisation and direct democracy.

Multimedia (1)

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Adeniyi Peters Adeyemi, NASU, Nigeria

Listen to PSI Vice-President, Adeniyi Peters Adeyemi, from the Non-Academic Staff Union of Education and Associated Institutions, describe the challenges facing his union: the privatisation of Nigeria electricity services and the Ebola crisis.

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