Stated-owned entities | "Rescuing SOEs not always a good thing"
JOHANNESBURG - Rescuing dinosaurs is how one senior researcher describes the ongoing need to send bailouts to struggling businesses.
The large, historic, and long-privileged companies used to give a major boost to the economy, but their lack of growth has resulted in a constant need for intervention
One such company is of Eskom.
Neva Makgetla warns that if an industry cannot become competitive, support should be re-evaluated.
Senior researcher with Trade & Industrial Policy Strategies, Neva Makgetla discussed this with eNCA.