world-economy

South Africa Pursues Private Partnership Model for State Property Portfolio

South Africa is establishing a new state-owned enterprise to manage a 155-billion-rand ($9.4 billion) property portfolio. The government strategy mirrors the public-private partnership approach used at telecommunications firm Telkom SA SOC Ltd. By replicating this model, officials aim to unlock value from state assets and reduce direct government management burden. The entity will oversee real estate held across multiple government departments and agencies. The initiative reflects government efforts to optimize state-controlled holdings during a period of fiscal constraints.