Big business: shift funds from noncritical SOEs to Covid-19 response
Group also proposes the immediate movement of the R5bn available in the state’s contingency reserve to the health sector
16 March 2020 - 22:05
SA’s business community has proposed cutting funding to noncritical state-owned enterprises such as airlines SAA and SA Express as well as state oil company PetroSA, as a means to shift resources to the country’s response to coronavirus.
This was one of the options put on the table by the business constituency at a special executive council meeting of the National Economic Development & Labour Council (Nedlac) on Monday...
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