Governments that publicly commit to carbon pricing are compelled to get their own house in order.
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Articles on State-owned companies
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Government-owned firms are often branded as uncompetitive, stuck in the past and unable to truly innovate. But they’re sometimes better suited than private firms to drive new, clean technologies.
Though formed by the state, Eskom and Iscor enjoyed very little state support in their infancy. To survive, they had to cooperate with the private sector companies they were meant to compete with.
South Africa’s finance minister has chosen to walk a tightrope rather than face tough choices about cutting expenditure or raising taxes.
It would be better to proactively restructure South Africa’s electricity sector to spur innovation and investment and reduce costs before another crisis hits and further derails the economy.
State-owned companies are not generally needed to provide goods. Rather, they are needed to provide the foundation for a well-functioning economy and a healthy, well-informed populace.
Top contributors
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Professor of Economics, University of Pretoria
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Professor at the Graduate School of Business, University of Cape Town
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Senior Research Fellow, Johannesburg Institute for Advanced Study, University of Johannesburg
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Head of Sustainable Finance Hub, The University of Melbourne
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Dean and Professor Emeritus, Louisiana State University
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Professor of International Management & Political Economy, Loughborough University
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Reader in Innovation and Entrepreneurship, Loughborough University
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Professor of Management and Economics, Brandeis University
