South African SOE reforms unlikely under Zuma
Battles for patronage resources at state enterprises are increasing fiscal risks
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In this article
- Aborted reforms
- Patronage politics
- Corporate dysfunction
- Macro fiscal implications
- Credit rating risk
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_350.jpg "Finance Minister Pravin Gordhan at a media briefing on December 14, 2015, following his reappointment (Reuters/Siphiwe Sibeko)")