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We don’t talk about this enough: State-Owned Enterprises are supposed to generate revenue for South Africa — not pull from the fiscus every year. Right now, they’re costing us more than they contribute. #BudgetSpeech2025 #BudgetSpeech

48,085 次观看 • 1 年前 •via X (Twitter)

11 条评论

Wonga Fasi 的头像
Wonga Fasi1 年前

Apparently even so, we still can’t hold them accountable because of unemployment numbers.

UserInterface 的头像
UserInterface5 年前

Let's talk about building businesses, #investing, #entrepreneurship & #crypto.

a TECHBRO from ALEX 🐀 的头像
a TECHBRO from ALEX 🐀1 年前

My sister companies who's main function was to make a loss to ensure South Africa and it's people can afford to live in the country are supposed to cost fiscus. Eskom, Transnet and PRASA help subsidise the country. Until all can afford! They'll take from fiscus

Nobuntu Hlazo-Webster MP 的头像
Nobuntu Hlazo-Webster MP1 年前

My brother @Mokhwibitxwane - no-one disputes the need for public goods or cross-subsidisation. But let’s not romanticise dysfunction. Subsidising commuters is not the same as bankrupting the state. Eskom, Transnet, and PRASA weren’t designed to make losses, they were designed to cover costs, fund maintenance, and expand access sustainably. The problem isn’t that they support the public, it’s that they now extract from the fiscus without delivering public value.

Dagbreker 的头像
Dagbreker1 年前

That's not what they were meant for. They were supposed to self-sustain, making it cheaper for the private sector to generate wealth, they then pay for these UTILITIES. If government generates a profit, you turn the country into a chicken coop.

Lindani Buthelezi 的头像
Lindani Buthelezi1 年前

Gov is pathetic. They make losses from SOE whilst at the same time these entities operate as monopolies in their sectors. It’s unbelievable how inefficient they can run things!

Andre 的头像
Andre1 年前

The primary focus of an SOE shouldn't be revenue, it should be services. Oddly the ANC have failed at both. The SOEs are regulated monopolies and there's a chance that free market in those makrkets would generate more (tax) revenue than SOE revenue, we sacrifice that for services

Asijiki 的头像
Asijiki1 年前

Its such a pity we have this calibre of politicians. SOE’s are not created for generating income for the state. Please madam learn before spewing nonsense.

Mvuleni 的头像
Mvuleni1 年前

It’s because, politicians are playing engineer whereas as getting engineers working to turn around SoE’s. Even SABC it should be treated as a media , technology & platform company headed by a telecom/microwave /electronic engr

Tafadzwa Ruzive 的头像
Tafadzwa Ruzive1 年前

SARB is an SOE go ask what them do with their profits first then you will know what should happen with the rest...

Nobuntu Hlazo-Webster MP 的头像
Nobuntu Hlazo-Webster MP1 年前

They should be directed to the National Revenue Fund, as should “the rest”.

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