Hey guys. I am a bit wary over the ZACP's plan to provide SOE shares to all consumers.
I am all for privatization, however I am still wary as in how it would be practical to achieve this peculiar plan promulgated by ZACP, especially seeing how so many SOEs are in such deep holes of debt that I cannot fathom how consumers could pay that off.
How will the debt be paid off in the first place? Through the taxpayer, and then privatising the SOEs and offering shares to consumers? Will the shares be voluntary? Does it depend on which sort of SOEs?
Let's take Eskom for example. Will Eskom specifically be open to voluntary shares, yet allowing other alternative energy providers that provide competitive services to enter the grid?
When Eskom is privatized it's not to say they will forever continue the ZACP's plan, as they are subsequently a private entity, therefore they can do as they wish on how they run things.
To ensure that consumers receive proficient services such as electricity e.g., why not just diversify and open the grids to competitive energy providers? This will cause immense competition for Eskom as new and vibrant businesses will enter the grid, forcing Eskom to self-correct, or quite frankly, become irrelevant.
Nuclear energy for example can be clean, provided the correct infrastructure is in place. Why not open trade and incentivise nuclear energy providers to trade their resources with us? (Nuclear plants take too long to be built so if nuclear energy were to be used, I see this as the only practical plan). We can perhaps provide tax incentives for example if we were to persuade them to provide their energy for affordable prices.
Lastly, I'd just like to say I'm not attacking ZACP at all. You seem like a talented lot, and especially for the fact that there is now a political party ran by actual entrepreneurs. I am just trying to figure out the details of one of your policies, and, as a 'potential' voter, offering suggestions.