R75bn shortfall forces focus on bloated SOEs and failed bailouts
The VAT rollback has opened a massive fiscal gap and experts say…
Top 10 stories of the day: Aldrin Sampear on indefinite leave | SIU recovers R58m from SoEs | Tembisa hospital burns again
Here’s your daily news update: An easy-to-read selection of our top stories.…
SOEs still not expected to receive bailouts in the budget
‘Government is focused on improving governance and the effectiveness and transparency of…
Government departments, SOEs rack up R120bn in irregular expenditure
The departments also accumulated over R1.48 billion in fruitless and wasteful expenditure.…
PIC has devised a strategy to support SOEs
State-owned enterprises ‘need to be supported, but not at all costs’ –…
R300 billion used to bail out dysfunctional SOEs in past 10 years
Government has forked out R331 billion between 2013 and 2023 to bail…
Ramaphosa plans for state company to house SOEs
In an effort to stabilise governance in parastatals, President Cyril Ramaphosa plans…
Costs for banks and SOEs could spike if SA is greylisted
South Africa’s government and state-owned companies will find it harder to borrow…
Unstable power and SOEs cripple SA’s growth: Standard Bank
Standard Bank sees South Africa’s escalating power crisis, and the country’s ‘political…
South Africa’s SOEs in dire straits
As foundering state-owned enterprises (SOEs) continue to impact on South Africa’s unstable…
