COMPANY COMMENT
Is the construction sector a bailout candidate?
The government bails out state-owned enterprises all the time — so why not struggling construction groups too?
18 July 2019 - 15:10
If government entities can bail out the likes of Edcon and African Bank, not to mention SAA and other failing state-owned enterprises (SOEs), why not also the country’s major construction groups?
The domestic construction industry has been all but decimated over the past decade because of a dearth of infrastructure projects — a direct result of the deterioration of SA’s public finances...
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