South Africa holds on to its assets

Monday 22 August 1994 23:02 BST

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Cape Town - South Africa yesterday ruled out selling public enterprises to fund the government's flagship post-apartheid Reconstruction and Development Programme. But Jay Naidoo, minister without portfolio responsible for the 37.5bn rand ( pounds 6.7bn) five-year plan, said under-utilised properties might be sold. Reuter

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South Africa holds on to its assets

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