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Africa

South Africa: Mid-Term Budget Sets SOEs on Long Path Towards Reform

Newly appointed Minister for Finance, Tito Mboweni, faced a tough reception from investors when he announced his Mid-Term Budget Policy Statement at the end of October. Yet in spite of South Africa’s dire financial situation, the speech marks a potential welcome shift towards a broader reform programme for the country’s state-owned enterprises (SOEs).

Nov 20, 2018 // 11:28AM

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