State Owned Companies : The Forsaken Panorama

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The book delves into the challenges faced by South African State Owned Companies (SOCs), highlighting their critical role in economic growth despite significant weaknesses. It discusses the detrimental effects of bailouts and guarantees on SOCs' performance, leading to a decline in financial health, infrastructure development, and service delivery. The analysis emphasizes the urgent need for reform to restore the SOCs' viability and sustainability, ensuring they can meet current needs without jeopardizing future generations' resources.