Are government's restructuring efforts at SOEs enough?
--:--
2019 has proven to be another tough year for Eskom and SAA. SAA is now in Business Rescue, and government is going to have to fork out a further R4 billion in cash and government guarantees... Supporting the process. While Eskom, amidst a turnaround of its own, has forecast a R20 billion loss for the coming year... So is the kind of restructuring in play - at these entities - providing any reassurance that government is committed to fiscal consolidation? Political Analyst, Daniel Silke joined Business Day TV with some analysis on the State of these SOE's