State-owned enterprises (taxpayers) pay inflated prices to crooked middlemen

It absolutely has [become normalised]… There are a lot of blind corners… The people who are supposed to be doing this… they simply sit back… there are issues around politicking… wilful ignorance…

Marianne Merten, Daily Maverick

Our competition in healthcare should be based on who can deliver the best care for patients… it’s the patient that suffers… We urge the Government to have a think about this…

Amanda Wilde, Umsinsi Health Care

South Africa’s state-owned enterprises (SOEs) are in such a mess it’s posing an existential threat to the economy.

The Money Show’s Bruce Whitfield interviewed Daily Maverick’s Marianne Merten and Amanda Wilde, MD of Umsinsi Health Care.

Merten and Wilde discussed the crippling of SOEs by middlemen’s inflated prices.

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

If you go back to the Transnet locomotive tenders… R5 billion ‘advisors’ fee’ suddenly appeared… there is literally a parallel system set up to facilitate this…

Marianne Merten, Daily Maverick

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This article first appeared on 702 : State-owned enterprises (taxpayers) pay inflated prices to crooked middlemen


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