JOHANNESBURG, June 29 (Reuters) – South Africa’s ruling ANC
is debating ways to nationalise struggling fixed-line operator
Telkom, a delegate at the party’s five-yearly policy
conference said on Friday.
“There is support for the measure but it will not be
included in the economic report because of the sensitivity,” the
delegate told Reuters on the sidelines of the conference.
“We discussed financing mechanisms to buy out the share not
held by government and pension funds,” the delegate added.
(Reporting by Jon Herskovitz; Editing by Ed Cropley)
© Thomson Reuters 2012 All rights reserved
Article source: http://feeds.reuters.com/~r/reuters/AfricaSouthAfricaNews/~3/a6JdKS6MGwA/idAFL6E8HTGXJ20120629
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