DStv Channel 403 Monday, 09 December 2024

State-owned entities | 'Rescuing dinosaurs not always a good thing'

Stated-owned entities | "Rescuing SOEs not always a good thing"

JOHANNESBURG - Rescuing dinosaurs is how one senior researcher describes the ongoing need to send bailouts to struggling businesses. 

The large, historic, and long-privileged companies used to give a major boost to the economy, but their lack of growth has resulted in a constant need for intervention

One such company is of Eskom.

Neva Makgetla warns that if an industry cannot become competitive, support should be re-evaluated.

Senior researcher with Trade & Industrial Policy Strategies, Neva Makgetla discussed this with eNCA.

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