Another stupid plan on the incompetent ANC’s table – Regime now wants to expand and manage shipping, while all the SOE’s are total failures

SA’s economic decline has happened by design – The ANC’s obsession with disproved socialist/communist practices is at the root of the problems

Transnet wasted almost R50 billion, most of which is used to buy trains that cannot be used in SA

14 SOEs rack up more than R1.4 billion in irregular expenditure

Irregular expenditure by ANC-parastatale entities increases to R61,3bn – only a stupid foreign investor will invest in SA

South Africa: The collapse of all State Owned Entities such as Eskom, SAA, SABC etc are all falling apart due to corruption, incompetent management as a result of BEE and government interference

No wonder the state-owned weapon manufacturer Denel, is currently experiencing financial problems and faces bankruptcy – Head of finance fired after allegedly found guilty of fraud and unlawful use of funds

SA Express: ANC-government is pouring billions of taxpayers money into a black hole – aircraft lie idle in hangars because they are too unsafe to fly

ANC regime exploiting taxpayer’s money more and more – Treasury writes off R23 billion, SAA will get more money

Black business group claims that Gordhan must go due to his actions against black managers and state-owned entities

So it is Day One for the state capture inquiry to get underway

Zuma: State capture commission must investigate all state corruption, focus on Guptas

Total collapse of state-owned enterprises under Minister Brown

Parastatal waste equals tax shortfall: Treasury will need to find new resources to close the budget gap