From a developmental to a regulatory state? Sasol and the conundrum of continued state support

References

• Arthur Andersen. 1995. Sasol Synfuel Protection Study: A Report to the Liquid Fuels Industry Task Force. Pretoria: Mimeo.
   Google Scholar
• Ashman, S., B. Fine, and S. Newman. 2013. “Systems of Accumulation and the Evolving MEC.” In Beyond the Developmental State: Industrial Policy into the 21st Century, edited by B. Fine, J. Saraswati, and D. Tavasci, 245–267. London: Pluto.
   Google Scholar
• Black, A., and R. Hasson. 2016. “Capital Intensive Industrialisation, Comparative Advantage and Industrial Policy.” In Towards Employment Intensive Growth in South Africa, edited by A. Black, 286–306. Cape Town: UCT Press.
   Google Scholar
• Black, A., S. Craig, and P. Dunne. 2016. “Capital Intensity, Industrial Policy and Employment in the South African Manufacturing Sector.” REDI3x3 Working paper 23.
   Google Scholar
• Bond, P. 2000. Elite Transition: From Apartheid to Neoliberalism in South Africa. London: Pluto Press.
   Google Scholar
• Chandler, A., Jr., F. Amatori, and T. Hikino, eds. 1997. Big Business and the Wealth of Nations. Cambridge: Cambridge University Press.
   Google Scholar
• Cimoli, M., and G. Dosi. 2017. “Industrial Policy in Learning Economies.” In Efficiency, Finance, and Varieties of Industrial Policy, edited by A. Noman and J. E. Stiglitz, 23–64. New York: Columbia University Press.
   Google Scholar
• Competition Tribunal. 2006. “Decision in Sasol Limited, Engen limited, Petronas International Corporation Limited; and Sasol Oil (Pty) Ltd, and Engen Limited merger case number: 101/LM/Dec04.”
   Google Scholar
• Competition Tribunal. 2014. “Decision in Competition Commission v Sasol Chemical Industries – Enforcement, Case no. 48/CR/Aug10.”
   Google Scholar
• Corbett, C., R. Das Nair, and S. Roberts. 2011. “Bargaining Power and Market Definition: A Reflection on Two Mergers.” Journal of Economic & Financial Sciences 4: 147–166.
   Google Scholar
• Das Nair, R., and P. Mondliwa. 2017. “Excessive Pricing under the Spotlight: What Is a Competitive Price Competitive Price?” In Competition Law and Economic Regulation: Addressing Market Power in Southern Africa, edited by J. Klaaren, S. Roberts, and I. Valodia, 97–119. Johannesburg: Wits University Press.
   Google Scholar
• Das Nair, R., P. Mondliwa, and S. Roberts. 2015. “The Inter-Relationships between Regulation and Competition Enforcement in the South African Liquid Fuels Industry.” Journal of Energy in Southern Africa 26: 182–207.
   Web of Science ®Google Scholar
• Department of Science and Technology. 2002. South Africa’s National Research and Development Strategy. Pretoria: The Government of the Republic of South Africa.
   Google Scholar
• Department of Trade and Industry. 2002. Accelerating Growth and Development:The Contribution of the Integrated Manufacturing Strategy. Pretoria: The Government of the Republic of South Africa.
   Google Scholar
• Department of Trade and Industry. 2003. Advanced Manufacturing Strategy. Pretoria: The Government of the Republic of South Africa.
   Google Scholar
• Fine, B., and Z. Rustomjee. 1996. The Political Economy of South Africa: From Minerals-Energy Complex to Industrialisation. London: Hurst.
   Google Scholar
• Habib, A., and V. Padayachee. 2000. “Economic Policy and Power Relations in South Africa’s Transition to Democracy.” World Development 28 (2): 245–263. doi:10.1016/S0305-750X(99)00130-8.
   Web of Science ®Google Scholar
• Joffee, A., D. Kaplan, R. Kaplinsky, and D. Lewis. 1995. Improving Manufacturing Performance in South Africa: Report of the Industrial Strategy Project. Cape Town: UCT Press
   Google Scholar
• Khan, M., and S. Blankenburg. 2009. “The Political Economy of Industrial Policy in Asia and Latin America.” In Industrial Policy and Development: The Political Economy of Capabilities Accumulation, edited by G. Dosi, M. Cimoli, and J. E. Stiglitz, 336–377. Oxford: Oxford University Press.
   Google Scholar
• Machaka, J., and S. Roberts. 2003. “The DTI’s New ‘Integrated Manufacturing Strategy? Comparative Industrial Performance, Linkages and Technology.” South African Journal of Economics 71 (4): 679–704. doi:10.1111/j.1813-6982.2003.tb00092.x.
   Web of Science ®Google Scholar
• Makhaya, G., and S. Roberts. 2013. “Expectations and Outcomes: Considering Competition and Corporate Power in South Africa under Democracy.” Review of African Political Economy 40 (138): 556–571.
   Web of Science ®Google Scholar
• Marquard, A. 2006. “The Origins and Development of South Africa’s Energy Policy.” unpublished DPhil thesis, Department of Engineering and Built Environment, University of Cape Town.
   Google Scholar
• McMillan, M., D. Rodrik, and C. Sepulveda. 2017. “Structural Change, Fundamentals and Growth: A Framework and Case Studies.” No. w23378. National Bureau of Economic Research.
   Google Scholar
• Michie, J., and V. Padayachee. 1998. “Three Years after Apartheid: Growth, Employment and Redistribution?” Cambridge Journal of Economics 22 (5): 623–635. doi:10.1093/cje/22.5.623.
   Web of Science ®Google Scholar
• Moerane Commission. 2006. “Report of the Moerane Investigating Team to the Minister of Minerals and Energy on the December 2005 Fuel Shortages.” Accessed 20 November 2013. http://www.energy.gov.za/files/esources/pdfs/moerane_fuel_investigation.pdf.
   Google Scholar
• Mondliwa, P. 2018. “An Assessment of Capabilities, Diversification and Market Power in South African Manufacturing, with Special Reference to the Plastic Industry.” Masters diss., University of Johannesburg.
   Google Scholar
• Mondliwa, P., and S. Roberts. 2014. “Fuelling the Economy: A Critical Review of Liquid Fuels Regulation in South Africa.” Journal of Economic and Financial Sciences 7 (Special issue): 547–568.
   Google Scholar
• Mondliwa, P., and S. Roberts 2017. “Economic Benefits of Mozambican Gas for Sasol and South African Government.” Centre for Competition, Regulation and Economic Development working paper number 18/2017. doi:10.2139/ssrn.3103605
   Google Scholar
• National Treasury. 2007. “Windfall Taxes in the Liquid Fuels Industry. Response to the task team report on windfall products in the liquid fuels industry.” Pretoria
   Google Scholar
• NERSA (National Regulator of South Africa). 2016. Ex-post regulatory impact assessment. Pretoria.
   Google Scholar
• Odendaal, N. 2012. “Liquid Fuels Charter Audit Findings Disappointing – Minister.” Engineering News, July 5. http://www.engineeringnews.co.za/article/liquid-fuels-charter-audit-findings-disappointing-minister-2012-07-05/rep_id:4136.
   Google Scholar
• Paelo, A., G. Robb, and T. Vilakazi. 2017. “Competition and Incumbency in South Africa’s Liquid Fuel Value Chain.” In Competition Law and Economic Regulation: Addressing Market Power in Southern Africa, edited by J. Klaaren, S. Roberts, and I. Valodia, 172–188. Johannesburg: Wits University Press.
   Google Scholar
• Ponte, S., S. Roberts, and L. van Sittert. 2007. ““Black Economic Empowerment’, Business and the State in South Africa’.” Development and Change 38 (5): 933–955. doi:10.1111/dech.2007.38.issue-5.
   Web of Science ®Google Scholar
• PVM. 2003. A Review of Tariff Protection in the South African Synthetic Fuel Industry. Pretoria.
   Google Scholar
• Roberts, S. 2004. “The Role for Competition Policy in Economic Development: The South African Experience.” Development Southern Africa 21 (1): 227–243.
   Google Scholar
• Roberts, S., and Z. Rustomjee. 2009. “Industrial Policy under Democracy: Apartheid’s Grown-Up Infant Industries? Iscor and Sasol.” Transformation 71: 50–75. doi:10.1353/trn.0.0044.
   Google Scholar
• Rustomjee, Z. 2012. “Witness Statement in Competition Commission V Sasol Chemical Industries. Case Number 48/Cr/Aug10 (Non-Confidential).” Competition Tribunal.
   Google Scholar
• Rustomjee, Z. 2013. 20 Year Review – Economy & Employment: Industrial Policy. Input Paper for South African Presidency 20 Year Review, May 2013. Pretoria: Mimeo.
   Google Scholar
• Rustomjee, Z., R. Crompton, B. Mehlomakulu, and G. Steyn (Windfall Task Team). 2007. ‘Possible Reforms to the Fiscal Regime Applicable to Windfall Profits in South Africa’s Liquid Fuel Energy Sector, with Particular Reference to the Synthetic Fuel Industry’, report for National, 9 February 2007;
   Google Scholar
• Terreblanche, S. 2002. A History of Inequality in South Africa, 1652–2002. Pietermaritzburg: University of Kwaulu-Natal Press.
   Google Scholar