Eskom, SABC, SAA… There’s an almighty battle raging for the soul of our SOEs

Eskom, SABC, SAA…

There seems to be a fight raging for the soul South Africa’s money pit State-owned Enterprises (SOEs).

The Money Show’s Bruce Whitfield interviewed Econometrix Chief Economist Dr Azar Jammine.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

One feels terribly uncomfortable at the idea that Government employee pensions are used to bail out State-owned Enterprises.

Dr Azar Jammine, Econometrix

The danger is that Government will be compelled to print money to pay pensions, as has happened to the north of us.

Dr Azar Jammine, Econometrix

Clearly, it is a political issue.

Dr Azar Jammine, Econometrix

A lot of the mess SOEs are in is because a lot of the leaders are put in managerial positions beyond their capacity and, in certain instances, are liable to be captured.

Dr Azar Jammine, Econometrix

A lot of capable people don’t end up leading these organisations because they are not politically connected.

Dr Azar Jammine, Econometrix

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


This article first appeared on 702 : Eskom, SABC, SAA… There’s an almighty battle raging for the soul of our SOEs


Recommended

by NEWSROOM AI
Read More
Best way to invest the jackpot if you win the lotto

Best way to invest the jackpot if you win the lotto

More than 70% of lotto winners go broke, warns Warren Ingram, a personal financial advisor at Galileo Capital.

Do-it-yourself stock picking for 1st-time small investors

Do-it-yourself stock picking for 1st-time small investors

There are dangers, but you can save money and take control. Ray White interviews Francois Strydom (Momentum Securities).

South Africa can have cheap electricity, forever! – former Eskom engineer

South Africa can have cheap electricity, forever! – former Eskom engineer

The Money Show’s Bruce Whitfield interviews Dr Tobias Bischof-Niemz, CEO at ENERTRAG South Africa.

'Drop shipping' - the shady side of connecting buyers with sellers on the web

'Drop shipping' - the shady side of connecting buyers with sellers on the web

The web was supposed to connect buyers to sellers, but not like this.

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

TymeBank has no branches and no monthly fees. Most transactions are free. Bruce Whitfield interviews its CEO.

Buying a used car? New app sends mechanic to inspect it before you decide

Buying a used car? New app sends mechanic to inspect it before you decide

Hanru Reyneke is on a mission to disrupt the used-car industry in South Africa by providing peace of mind to punchdrunk consumers.

Popular articles
Shift to stage 2: Over 800 megawatts back on line from Cahora Bassa - Eskom

Shift to stage 2: Over 800 megawatts back on line from Cahora Bassa - Eskom

Eskom COO Jan Oberholzer predicts Stage 2 load shedding for Friday and Saturday and energy expert Chris Yelland also weighs in.

Capetonians water consumption down by about 536 million litres of water a day

Capetonians water consumption down by about 536 million litres of water a day

Mayco member for water and waste, Xanthea Limberg talks to Kieno Kammies about Cape Town's latest dam levels.

[WATCH] New Zealand unites behind Muslim community #WeAreOne

[WATCH] New Zealand unites behind Muslim community #WeAreOne

NZ PM Jacinda Ardern led a 2-minute silence at AL-Noor mosque on Friday as Muslim Call to Prayer broadcast live on national TV.

Distraught caller describes harrowing experience on Baden Powell Drive

Distraught caller describes harrowing experience on Baden Powell Drive

A CapeTalk caller explained to Lester Kiewit how he went through flames and over rocks, and debris to escape his car being stoned.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.