Annual Reports reveal more failing SOEs
5 October 2022
Note to editors: Please find attached soundbite by Dianne Kohler Barnard MP.
The failings of State Owned Entities (SOEs) have become endemic to South Africa.
This was emphasised by two annual reports from the Department of Communications and Digital Technologies. These annual reports are for two imploding entities: the South African Post Office (SAPO) and the South African Broadcasting Corporation (SABC), and reveal how mismanagement and corruption are costing South Africans an absolute fortune.
It is truly shocking to see the staggering amount of money that the public has paid over the years for SOEs which continue to fail year after year.