ANC responds to major lender’s decision to cut off 6 state firms

[BusinessTech]

ANC responds to major lender’s decision to cut off 6 state firms

The ANC says that Futuregrowth Asset Management's decision to suspend loans to a number of State Owned Enterprises (SOEs) such as Eskom and Sanral is "unfortunate" and based off "erroneous" views.

 

[NarrowBandFtw]

It's an "erroneous" view for a profit driven company to not want to piss away billions on lost causes?

... :crylaugh:

 

[Nerfherder]

I'd like to see how anyone could justify putting money in to any of the parastatetals..

 

[karnuffel]

How to become a Millionare:
1.) Take a Billion Rand.
2.) Invest in Parastatals.
3.) Fskall profit.
4.) Achieve millionare status.

 

[reactor_sa]

How to become a Millionare:
1.) Take a Billion Rand.
2.) Invest in Parastatals.
3.) Fskall profit.
4.) Achieve millionare status.

Or just become number wun, or any of his comrades.