Medium-term Budget Speech | SOEs hoping for bailouts

JOHANNESBURG - Our struggling state-owned enterprises have been a thorn in our budget’s side for many years.

Cash bailouts are in the billions.

READ: Medium-term Budget Speech | Cosatu calls for more support for SOEs

And this is not sustainable, as economist Carmen Nel explains.

"Our big constraint is growth. If we can solve our growth problem then a lot of our fiscal headaches will start to go away," she said.