South Africa’s government blew R331 billion on SOE bailouts - Why SA finds itself in a constant state of SOE Bailouts

GUEST – Dr Bheki Mfeka - Economic Advisor and Strategist at SE Advisory<br /> <br /> [Dr Mfeka is also a former economic adviser to the Presidency]<br /> <br /> The South African government has spent R331 billion on bailouts for state-owned enterprises since 2013/2014, of which Eskom accounted for 55%. This data was revealed in a presentation to the Standing Committee on Public Accounts on state-owned company (SOC) bailouts and government guarantees. <a href="http://www.kayafm.co.za/">Kaya FM </a>