Mail & Guardian
Mail & Guardian
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In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
BAILOUTS

No bailouts for struggling parastatals such as Eskom, Transnet,  treasury insists

In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

  • Aarti Bhana
4 min read
Opposition parties have slammed the department of defence and state-owned military manufacturer Denel after the Special Investigating Unit (SIU) told parliament it had uncovered irregularities in procurements and the awarding of contracts
2022 BUDGET

Budget 2022: Godongwana sticks to tough love talk on SOEs, but dishes out funding to Denel

The finance minister made a smallish exception for Denel in terms of funding but warned that the government wants to push ahead with plans to consolidate SOEs that no longer…

  • Emsie Ferreira
5 min read