State-owned enterprises

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South Africa skips SOE bailouts in tight fiscal budget

South Africa's 2025 Medium-Term Budget Policy Statement avoided new bailouts for struggling state-owned enterprises like Eskom and Transnet, emphasizing reforms instead. Economists highlight the urgent need for restructuring to achieve efficiency gains and address mounting municipal debts. While Eskom reports its first profit in eight years, persistent challenges in local government finances threaten fiscal stability.

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