The SA banking sector has promised that it will help to make the emerging state owned entities profitable again.
But this help will come through expertise and resources.
No money will therefore be “borrowed” to these entities.
So much for Gordhan and Nene’s request to the banks for a bail out.
Read the original article in Afrikaans on Die Vryburger
South Africa Today – South Africa News
ANC’s state owned entities destroyed, Gordhan call for bank bailouts