JUSTICE MALALA: Sell the SOEs
Our leaders are not capable of running anything as sophisticated as an airline, a power utility or a water board
05 December 2019 - 05:00
We need to talk about SA’s state-owned enterprises (SOEs). They should not be state-owned. The reasons are obvious and numerous: They are an unnecessary drain on the fiscus; they play absolutely no role in our economy that cannot be played or filled by a private sector player; they serve as nothing but a piggy bank for our corrupt elites.
Look at their company and audit results. There is no dispute: these "assets" exist merely as a way station while money moves from the state to corrupt individuals.
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