The medium-term budget policy statement again lays bare the dilemma at the heart of the government’s relationship with its state-owned entities — bail them out and they become a seemingly perpetual drain on the public purse. Wash your hands of them and risk them collapsing, dragging the economy down with them.
“If it were up to me, I would have walked away from Eskom,” Finance Minister Enoch Godongwana said in an interview with the Mail & Guardian on Thursday.
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Sarah Smit
Sarah Smit is a general news reporter at the Mail & Guardian. She covers topics relating to labour, corruption and the law.
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