CLEAN : S Africa crisis budget hikes taxes targets state spending

The video discusses the current crisis in South Africa and the government's approach to addressing it. The government is clear about not imposing austerity measures and is focusing on equity participation and co-investment in projects. The emphasis is on creative and constructive solutions to overcome the challenges without resorting to privatization.

What alternatives to privatization are discussed in the speech?

What is meant by 'equity participation' as mentioned in the speech?