Fikile Mbalula vs Pravin Gordhan: South Africa’s ailing state-owned enterprises and the future of the economy
By Lee Rondganger | Published Jul 24, 2023
SOEs have required R331 billion in bailouts over the past decade due to the inefficient business model. Experts agree on the need for a model shift involving the private sector to manage the operations. They also emphasise that the responsibility for the SOEs' situation lies with the collective cabinet, not solely Minister Pravin Gordhan.
