SOEs in financial distress despite billions of government bailouts
The Democratic Alliance (DA) says the government’s endless bailout strategy of State Owned Entities (SOEs) has failed. The sentiment comes after the National Treasury tabled the third-quarter government expenditure report to Parliament’s Appropriation Committee on Wednesday, 14 February. TREASURY REPORT CONFIRMS SOEs ARE IN FINANCIAL DISTRESS The DA said the report confirms that multiple state-owned … Read more
