9 South African State-Owned Companies That Could Be Privatized

Several South African state-owned companies are currently experiencing tough financial times. On several occasions the government has been forced to dip into its coffers for bailouts to keep afloat. Corruption and poor management have also been blamed for the billion of rands in losses these companies have recorded in recent years.
In 2015, the South African government spent nearly 10 percent of its total annual budget in servicing debts and paying money to help these companies.
Here are nine state-owned companies that could be privatized to lighten the burden of running inefficient state companies;

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