Eskom, Transnet, the SA Post Office, PRASA, SAA, Denel – names that haven’t exactly covered themselves in glory. Will we be adding another soon?
We all knew Eskom was in trouble, but it looks like things won’t be getting much better any time soon.
As SAA and Eskom continue to haemorrhage money, the disparities between privately-owned and state-owned enterprises become more and more apparent.
Look, we all knew it was a mess over at SAA, but the latest figures released by Auditor-General Kimi Makwetu are far worse than previously imagined.