BIG ISSUE: SOEs: A big drain for years to come
Due to huge maladministration and corruption, state-owned enterprises are sucking the life out of the economy
27 February 2020 - 11:00
As the government runs out of practical ways to raise revenues and cut costs in the face of declining economic growth, fixing up its failing state-owned enterprises (SOEs) is one of the few ways out of its fiscal quagmire.
Certainly, in finance minister Tito Mboweni’s ideal world, economic growth should be spurred, not hindered, by SOEs...
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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now