South African Airways technical bankruptcy

State Owned Enterprises are supposed to be the pride of any nation in a functioning democracy. There has been a decline of proper and effective management of SOE’s in South Africa costing the SA government millions of rands to keep them afloat. Entities like the SABC and SAA have found themselves requesting for government guarantees as a result of overspending. On the other hand the minister of finance Malusi Gigaba has been under increasing pressure to steer South Africa's economy away from further credit ratings downgrade. To help us unpack and discuss this further we are joined on the line by:1. Mr Themba Godi Chairperson Standing Committee of Public Account (SCOPA)2. Ms Cheryl Carolous ANC Veteran Politician & Trustee of the Constitutional Court3. Prof William Gumede Director Programme for the Management of Public Enterprises Wits School of Governance 4. Joachim Vermooten Aviation Economist