SA is running out of time and money to ease a cash crunch at state-owned entities (SOEs), says the CEO for Nedbank, the latest business leader to express frustration at the pace of turnaround efforts at parastatals, including debt-laden Eskom.

Fixing SOEs, many of which are losing money and survive on cash injections from the government, is vital to President Cyril Ramaphosa’s drive to revive the economy and shore up investor confidence...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now