Why selling our debt-trap SOEs would cripple SA – experts

It is also not sustainable for public money to be used every year to bail out these companies, with national debt already approaching R2.5 trillion.

South Africa’s struggling state-owned enterprises (SOEs) have been mismanaged into a debt hole, and they run the risk of crippling government’s contingent liabilities, experts have warned.

Why selling our debt-trap SOEs would cripple SA – experts
Why selling our debt-trap SOEs would cripple SA – experts

Why selling our debt-trap SOEs would cripple SA – experts

It is also not sustainable for public money to be used every year to bail out these companies, with national debt already approaching R2.5 trillion.

Fantasy League for October has a winner

Fantasy League for October has a winner

Phakaaathi’s Private Fantasy League for October has a winner,and it is Ridhwaan Mayetwho who scoops the prize of a Chiro master queen base set worth R6 000. Mayet’s Kroos Control side picked up 78 points for the final game week of last month and just held of a couple of charging opponents to win the October league by nine Fantasy Premier League points.
Barcelona through to Champions League last 16 despite Icardi leveller

Barcelona through to Champions League last 16 despite Icardi leveller

Barcelona qualified for the knockout stage of the Champions League despite Mauro Icardi snatching a late 1-1 draw for Inter Milan at the San Siro on Tuesday.
Limpopo EFF councillor arrested after alleged involvement in robberies

Limpopo EFF councillor arrested after alleged involvement in robberies

Daniel Mampeule was the EFF’s ward 7 councillor in Thabazimbi. He is now prohibited from participating in all EFF activities.
North West public works silent over public protector report

North West public works silent over public protector report

The department failed to register and transfer ownership of a property to a complainant, despite her having paid R112 000 to them in 2008.
WATCH: Robbery at Middelburg TotalSports

WATCH: Robbery at Middelburg TotalSports

It is suspected that the four robbers are involved in two other incidents and that a syndicate might be at large.
DA welcomes the election of new Cape Town Mayor, Dan Plato

DA welcomes the election of new Cape Town Mayor, Dan Plato

The DA says Plato has always proven his commitment to service delivery and keeping the streets of Cape Town safe.
You could spend 7-days in jail for driving drunk before bail hearing

You could spend 7-days in jail for driving drunk before bail hearing

The Road Traffic Management Corporation proposes that drinking and driving be considered as serious as murder and rape.
Hilarious response to ANC’s Lungisa blaming white capital for Gigaba’s problems

Hilarious response to ANC’s Lungisa blaming white capital for Gigaba’s problems

A Twitter user’s clap-back at the ANC Eastern Cape PEC member’s conspiracy theory has been widely shared.
Last-gasp Romagnoli puts AC Milan ahead of Lazio in Champions League spot

Last-gasp Romagnoli puts AC Milan ahead of Lazio in Champions League spot

Alessio Romagnoli scored the only goal after 97 minutes as AC Milan reclaimed fourth place in Serie A amid drama at 10-man Udinese on Sunday ahead of Lazio who earlier crushed SPAL 4-1 with Ciro Immobile bagging a brace.
EFF accused by BLF of not ‘fighting against’ Oppenheimers like they are

EFF accused by BLF of not ‘fighting against’ Oppenheimers like they are

Some have even gone so far as to accuse the EFF of ‘working with’ the Oppenheimers and Ruperts.
Nigeria game excites Banyana players

Nigeria game excites Banyana players

Playing Nigeria in the opening match of the Africa Woman’s Championship’s makes things interesting, says Banyana Banyana coach Desiree Ellis.
‘Herbal blend’ drug shockingly accessible and addictive

‘Herbal blend’ drug shockingly accessible and addictive

It was clear some store owners in Roodepoort were playing dumb, but unfortunately, the drug is available across Gauteng.
Judge Makaula dismisses both appeals, Omotoso case postponed

Judge Makaula dismisses both appeals, Omotoso case postponed

Makaula has dismissed both applications from Omotoso’s defence for leave to appeal against his decision not to recuse himself and quash the charges.
Former England boss Hoddle in serious condition after heart attack

Former England boss Hoddle in serious condition after heart attack

Former England manager Glenn Hoddle remains in a serious condition in hospital after suffering a heart attack, a spokesperson for the former Tottenham midfielder confirmed on Sunday.
‘Don’t tell me what to paint’

‘Don’t tell me what to paint’

Street artist Falko One paints elephants to stay away from ‘f****ing politics’ and ‘poverty porn’ after ‘witchcraft’ and serendipity colluded to set him on his path.
Someone is updating ‘HHP’s Facebook page’

Someone is updating ‘HHP’s Facebook page’

The page has angered fans, friends and family of the recently deceased rapper.
EC former social development head in ‘R30m fake tenders’ scandal

EC former social development head in ‘R30m fake tenders’ scandal

Stanley Khanyile is alleged to have been instrumental in stripping millions from the National Development Agency budget.
Simphiwe Dana hits back at criticism over attending #OmotosoTrial

Simphiwe Dana hits back at criticism over attending #OmotosoTrial

Simphiwe Dana has been left fuming by the comments, which she labelled insulting.
How to dress like DJ Zinhle

How to dress like DJ Zinhle

DJ Zinhle is gorgeous, talented, hard working and a major fashionista. Just take a peek at her Instagram to see just how stylish our girl is.
Khayelitsha fire destroys hundreds of houses

Khayelitsha fire destroys hundreds of houses

One person has died after a fire ravaged through the informal settlement.
Bus passenger hit in head by stray bullet

Bus passenger hit in head by stray bullet

An attempted carjacking led to a shootout, and a stray bullet hit an unsuspecting 52-year-old passenger.
Gigaba summoned for R794m invoice

Gigaba summoned for R794m invoice

Investigators tasked with liquidating an IT company are going after the department of home affairs for the unpaid bill.
KZN taxi driver arrested for murder

KZN taxi driver arrested for murder

A hit-and-run incident which was captured on video went viral on social media. The culprit has since been arrested, after failing to stop after he drove over a pensioner.
AfriForum fires shots at BLF on Twitter

AfriForum fires shots at BLF on Twitter

While the Afrikaner lobby group and the leftist party are at opposite sides of the political spectrum, they may have a common ally.
Halloween review – Masked Myers’ big return

Halloween review – Masked Myers’ big return

A new generation can now succumb to the kind of spell Carpenter managed to weave 40 years ago.

 

 

 

 

 

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