South Africa’s R280 billion investment that has only paid a R1 million dividend

Having invested hundreds of billions into its state-owned enterprises , the South African government only has a minuscule return to show for it.

Since 1 March 2019, the government has pumped R282.537 billion into SOEs over the past five financial years and has a meagre R1 million in dividends to show for it. South Africa’s state-owned power utility’s bailout figure amounted to R234.6 billion over the past five years. The table below summarises the bailouts paid to SOEs over the past five financial years and the dividends received.

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