The Government own 40% of Telkom (worth some R14.4 billion ex dividends) - and Telkom works, even in light of stiff competition. However, the Government say in Telkom is limited. 

Why does Minister Dolce&Gigaba not sell 60% of the failing SOEs? Break Eskom up into two entities - Generation and Transmission, once again with a max Government holding of 40%. Same re SA Postal Services, SAA, Denel and a whole bunch of other SOEs. 

It should not be too difficult to find buyers - with the proviso that the Government will not hold more than 40% of the shares of these (now) companies.

Now that that would be a bold move.