WBHO chief laments corruption at parastatals

Years of corruption at state-owned enterprises (SEOs) have resulted in a sustained decline in public sector spending, reducing the SA order book for construction group Wilson Bayly Holmes Ovcon (WBHO), says CEO Wolfgang Neff.

However, in the company's latest annual report, Neff was optimistic, saying there had been a noticeable improvement in tender activity in SA. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Subscribe Sign in

Cancel anytime.

Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

SIGN UP

SIGN IN

Please read our Comment Policy before commenting.