R521 billion used to bail out struggling state-owned enterprises

SA taxpayers lost R521bn bailing out corrupt, mismanaged SOEs - Corruption Watch

South African taxpayers have forked out an estimated R521-billion over the last 15 years to keep state owned enterprises (SOEs) alive, and have received nothing in return. Despite the bailouts, […] The post SA taxpayers lost R521bn bailing out corrupt, mismanaged SOEs appeared first on Corruption Watch.

R521 billion used to bail out struggling state-owned enterprises

The South African government spent over R500 billion in bailing struggling state-owned enterprises out for 15 years. South Africans debated SOEs' importance.