Article: State-owned companies keep SA going: Gigaba

[rpm]

You can view the page at http://mybroadband.co.za/vb/content.php/5069-State-owned-companies-keep-SA-going-Gigaba

 

[rpm]

Investments by state-owned companies into South Africa's economy are keeping the country going, Public Enterprises Minister Malusi Gigaba said on Monday.

"The fact is that state-owned companies' investments are what is keeping the South African economy going at the present moment as private sector investments have shrunk," he said in a speech prepared for delivery at the inaugural South Africa-United States business summit in Johannesburg.

 

[daveza]

We have begun to witness state-owned companies embarking on long-term-planning

After only 18 years - I'm so impressed :erm:

 

[marine1]

Keep SA going where exactly?

 

[Thugscub]

Tax money theft.

 

[Mars]

Lolwut?

 

[Nicodeamus]

O god, the private sector's investment has shrunk because the state is spending more money. Where do they think the money comes from to fund these projects?

 

[Mila]

Lol! Shame ne.

 

[Albereth]

Ignoring the global recession, growth in the SA economy would be hampered by a lack of electricity.

 

[ISP cash cow]

"The fact is that state-owned Monopolies' investments are what is keeping the South African economy going at the present moment as private sector investments have shrunk," he said in a speech prepared for delivery at the inaugural South Africa-United States business summit in Johannesburg.

Fixed it for you

 

[ToxicBunny]

Pffft.... keep dreaming Gigaba...

 

[The_Unbeliever]

Pulle the other onne, it's got belles onne