• Advertise
  • About
Friday, November 13, 2026
iReport South Africa
  • Home
  • ENTERTAINMENT
  • SPORTS
  • IREPORT TV
  • Advertise
No Result
View All Result
  • Home
  • ENTERTAINMENT
  • SPORTS
  • IREPORT TV
  • Advertise
No Result
View All Result
iReport South Africa
No Result
View All Result
Home Latest News

Tony Yengeni Criticizes MPs for Failing to Protect State-Owned Assets Amid Privatization Concerns

December 25, 2024
0
0
SHARES
Share on FacebookShare on Twitter

ANC veteran Tony Yengeni has voiced sharp criticism of Members of Parliament (MPs) elected in May 2024, accusing them of standing idle as state-owned assets face potential privatization. Yengeni’s concerns were raised in a social media post where he shared an article titled “Embracing Privatization of the Rail Industry in South Africa: Transnet’s Partnership Statement.”

In his post, Yengeni questioned the role of MPs, writing, “Where are the MPs we voted for in May? Why do they allow all this to happen unchecked? Why?” The tweet sparked widespread debate about the accountability of public representatives in protecting national resources.

South Africa’s Government of National Unity (GNU), formed after no single party secured a majority in the May 2024 general elections, includes ministers and officials from various political parties. While intended to foster collaboration, the GNU has faced criticism for perceived indecision and a lack of leadership on critical national issues.

Yengeni’s comments were directed at Transnet, the state-owned freight and logistics company, which recently issued a partnership statement endorsing private sector involvement in the rail industry. For Yengeni, this move signals a step toward privatization, potentially undermining public ownership and access to essential infrastructure.

The veteran politician expressed fears that privatization could lead to the erosion of public assets and deepen economic inequality. His critique has reignited questions about the role of MPs in safeguarding public interests and managing state resources.

Yengeni’s remarks highlight growing frustration among certain groups regarding the GNU’s handling of state-owned entities. As debates continue, his statements serve as a reminder of the contentious balance between public and private interests in South Africa’s economic landscape.

Previous Post

Floyd Shivambu: The Strategic Mind Behind the EFF’s Rise

Next Post

Loyalty Over Merit: South Africa’s Struggles with Leadership Integrity

Azalibone Mthethwa

Education: A+ Diploma in Journalism ( 2017) Experience: Senior Journalist - Current Affairs Writer Email: info@ireportsouthafrica.co.za

Related Posts

Ramaphosa Was Caught Looking At Minister Sindisiwe’s Behind, See Here

September 26, 2024

President Ramaphosa Announces New Regulations for Spaza Shops to Combat Foodborne Illness Crisis in South Africa

November 10, 2024

Police Hunt for Fugitive ‘Mjinja’ Wanted in Double Murder Case  

April 11, 2025

Political Party Files Hate Speech Complaint Against Ngizwe Mchunu for Anti-Gay Comments

October 2, 2025

Pastor Ray McCauley, the founder of Rhema Bible Church, has passed away at the age of 75

October 8, 2024

NGB Calls for Stricter Rules on Gambling Ads Featuring Celebrities

October 18, 2025
Next Post

Loyalty Over Merit: South Africa’s Struggles with Leadership Integrity

  • Trending
  • Comments
  • Latest

Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

September 11, 2024

South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

September 10, 2024

Look what Dr Nandipha’s mother spotted doing in court yesterday

September 10, 2024

Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

September 11, 2024

Big Nuz – Ngeke Wins Ukhozi FM Top 10 Cross Over Song Of The Year 2022 to 2023

0

Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

0

Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

0

Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

0

Herman Mashaba Offers a new deal to Helen Zille

November 11, 2026

Big Surprise in Durban: Zuma’s MK Party Eyes Coalition Deal With ANC to Take Control of eThekwini

November 11, 2026

Top Judge Clears Maumela After Inquiry Finds No Evidence for Teffo’s Complaint in Meyiwa Trial

November 11, 2026

NWU Alumni Recognised Adv. Thabang Pooe Long Before Madlanga Commission Put Her in the Spotlight

November 11, 2026

Recent News

Herman Mashaba Offers a new deal to Helen Zille

November 11, 2026

Big Surprise in Durban: Zuma’s MK Party Eyes Coalition Deal With ANC to Take Control of eThekwini

November 11, 2026

Top Judge Clears Maumela After Inquiry Finds No Evidence for Teffo’s Complaint in Meyiwa Trial

November 11, 2026

NWU Alumni Recognised Adv. Thabang Pooe Long Before Madlanga Commission Put Her in the Spotlight

November 11, 2026

SA Leading Digital News. All the latest breaking news from across South Africa in one stream.

Advertise with us: info@ireportsouthafrica.co.za

Follow Us

Main Menu

  • Home
  • ENTERTAINMENT
  • SPORTS
  • IREPORT TV
  • Advertise

Recent News

Herman Mashaba Offers a new deal to Helen Zille

November 11, 2026

Big Surprise in Durban: Zuma’s MK Party Eyes Coalition Deal With ANC to Take Control of eThekwini

November 11, 2026

Top Judge Clears Maumela After Inquiry Finds No Evidence for Teffo’s Complaint in Meyiwa Trial

November 11, 2026

NWU Alumni Recognised Adv. Thabang Pooe Long Before Madlanga Commission Put Her in the Spotlight

November 11, 2026
  • Advertise
  • About

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za