South Africa: how to save public companies
As South Africa tries to emerge from the economic crisis caused by the pandemic, it is questioning the fate to be reserved for public companies. Many of them have suffered significant losses this year, despite having already had financial difficulties before the crisis. Now they are asking the government to save them, but the country's coffers are already less and less full.
Before Parliament, the Ministry of Finance painted a very bleak picture at the beginning of the month: the country's public companies are…