Political interference threatens the stability of South Africa's state-owned companies

Political interference threatens the stability of South Africa's state-owned companies

Political interference is collapsing state-owned companies

With economists warning that South Africa is on the brink of an economic crisis, new research has backed this up stating that state-owned companies (SOCs) are “on a direct path to collapse” unless urgent reforms end political interference, hold shareholder representatives to account, and force entities to operate without endless government bailouts. The warning comes from Minah Tong-Mongalo, who received her PhD in Commercial Law earlier this mo…