The largest labour federation sent out shock waves over the weekend when it was reported that Cosatu was backing the partial privatisation of some state-owned companies, such as SAA.
The stance was seen as a major shift from its established policy of anti-privatisation.
Cosatu spokesperson Sizwe Pamla said in the early days of freedom they listed nine critical sectors where they did not want any form of privatisation. Some of these sectors included water, electricity and education.
“Then we said where there is a compelling case for private sector involvement, we will be willing to consider them, but we still have a condition, even in those nine strategic sectors: the state has to remain a majority shareholder. Which means we are not considering outright privatisation,” Pamla said.