EVERY newspaper I happen to pick up nowadays gives the same dismal plight our country has sunk into, and once again a Sunday newspaper piles more misery on the taxpaying public.
“State bailout for Sanral, SAA and SABC” (R57bn) “State attorneys R80bn scam”. The mind boggles at these astronomical figures which now seem to be the norm in our failing economy (which is the government). Surely these SOEs must go through an auditing process and it must be asked: who is doing the auditing and what answers are they arriving at as to what is the cause of the failure of these entities?
I must admit here that it does not take a rocket scientist to find the reason for the massive shortfalls and the necessity for SOEs to continuously be bailed out. I feel, as the old adage goes, it is a case of throwing good money after bad, or in this case throwing good money into corrupt officials’ pockets.
How much longer can the small percentage of the population that comprise the taxpaying public continue to foot the bill for the continued corruption and mismanagement that carries on unfettered?
The bottom line, I feel is, what is the government doing to root out corruption and put the correct people in positions to ensure that SOEs are controlled and run as they should be – properly? Brian Pittman Fish Hoek