NEVA MAKGETLA: State-owned companies cost a fortune

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Malaysia News News

But it has been shown that private provision of basic services can also be problematic

SA has entered a daunting fiscal winter, putting pressure on public services across the board. Yet the latest national budget provides R264bn over the next three years to relieve Eskom’s debt, after bailouts in 2022 to Eskom, Denel, Transnet and SAA totalling more than R30bn.

Meanwhile, the melodrama of Thabo Bester’s escape shows, once again, that private provision of basic services can also be problematic — a lesson we already learnt from, among others, reliance on taxis for commuter transport and the soaring cost of medical aid...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I have been seeing good results about TrevorCarlson0 everywhere and a lot of people keep saying to reach out to him,I eventually did and it turns out profitable. If you aren't following TrevorCarlson0 you should be. I have added massively to my holdings,thanks may god bless you

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment projects are on track and state exceeds target | City PressInvestment projects are on track and state exceeds target: Government exceeded its R1.2 trillion target by 26%, having raised R1.51 trillion since the project to mobilise investment in South Africa started in 2018 How can you do that when the situation with Eskom is not even fixed? 😠 U stealing people's drafts. That amount u mentioned is ' false'. As if this will filter down to ordinary citizen,for all we know this could be some glorified money laundering scheme
Source: City_Press - 🏆 7. / 72 Read more »