South Africa's State-Owned Giants: Challenges and Implications

This chapter explores the difficulties confronted by South Africa's state-owned enterprises, particularly Transnet and Eskom, emphasizing the decline in coal transport and increased blackouts. It outlines how corruption, mismanagement, and historical issues have led to significant economic losses and stunted potential growth in the country. The discussion highlights the urgent need for political accountability and reform to address the crumbling infrastructure and restore economic confidence.