Abstract
M.A. (Business Administration)
The government is busy with the privatisation of all the parastatals. This is done in stages with the intention to better the lives of all South Africans through the exposure to global competitors, technology, economic markets and strategic alliances. This report looks at privatisation in general, the different definitions and the different models of privatisation that can be applied by South Africa. It then looks at Eskom as it undergoes privatisation and tries to establish if there are benefits that ensue from that and how do the stakeholders feel about privatisation. The Eskom method and policies supporting Black Economic Enterprises are visited. The questionnaire is circulated to stakeholders in Eskom to gauge attitude towards privatisation. The results are then statistically analysed using the Statistical Package for Social Science II to arrive at the conclusive deduction. The researcher tries to see the positive things about privatization to encourage stakeholders to take advantage of the process and thereby securing all the possible benefits from privatization. The psychological perspective is that the government is going to implement privatisation to conform to the requirements of the international communities anyway, they are not asking for concerns to influence the decision whether to privatize or not to. The questionnaire circulated indicated that stakeholders think alike when it comes to different issues surrounding privatization. What is good is that there is a fair balance between those who are positive about privatization and those who are negative. The final recommendation of the report is that Eskom should privatize for pragmatic reasons using the French Model of Privatising whereby the total control of the enterprise still rest with the trusted members of the community.