Destroyed state owned entities, banks to help, but not with money

Die Vryburger

Destroyed state owned entities, banks to help, but not with money
State owned entities, banks to help, but not with money. Photo: Die Vryburger

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

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