When the government of South Africa sells its assets to the public, it is typically referred to as privatization. This process involves transferring ownership of state-owned enterprises or assets to private individuals or entities. Privatization can occur for various reasons, including improving efficiency, reducing public sector expenditure, or raising funds for the government. The specific approach and policy can vary based on the economic and political context of the time.
when the government of south africa sells its assets to the public it is?
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