Africa Economics

Africa Economics Update

12 June, 2019

S Africa: SOE worries widespread, but few pose real risks

Many of South Africa’s state-owned firms face financial and management troubles, but most – like South African Airways – pose little risk to the wider economy. Eskom and Transnet are the only two which really are ‘too big to fail’. Rescuing both firms would push up government debt from 57% to 68% of GDP.

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