Gigaba lashes SOEs, but another SAA soft landing
State-owned entities present a major fiscal risk to the economy, but two of them - SAA and the SA Post Office - will receive R8.5-billion in government funding, putting South Africa's carefully maintained expenditure ceiling at risk of a R3.9-billion breach. Finance Minister Malusi Gigaba announced in his medium-term Budget policy statement on Wednesday that SAA would receive a further R4.8-billion, in addition to the R5.2-billion it received earlier this […]
