Stated-owned entities | Rescuing dinosaurs not always noble
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10/04/24
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Afrique / Afrique du Sud
Rescuing dinosaurs is how one senior researcher describes the ongoing need to send bailouts to struggling businesses. The large, historic, and long-privileged companies used to give a major boost to the economy, but their lack of growth has resulted in a constant need for intervention. Neva Makgetla warns that if an industry cannot become competitive, support should be re-evaluated. Senior researcher with Trade & Industrial Policy Strategies, Neva Makgetla discussed this with eNCA. Watch the full interview: https://www.enca.com/opinion/stated-owned-entities-rescuing-dinosaurs-not-always-good-thing
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