In the budget investigation, the high debt of the treasury battle was highly debt levels, it should be moved faster in the plan to develop and finance finance
The Treasury will not help to combat government enterprises in the budget of 2025, instead of improving governance in these organizations.
Public and state enterprises, including Trannet and Eskom, have established a large risk for the financial position of South Africa, the Treasury, the 2025 budget meeting, most of the country’s contingent liabilities found in parliament.
“Most state companies have been responding to legal requirements to manage the risks, while most of the state companies have been to protect the risks, and provide careful use of public resources.”
“Different initiatives, including the government, continues, but the progress was mixed. It should be noted that Eskom and Transnet implements agreed recovery plans for 2023/24.”
Transnet lost R7.3 billion for fiscal year – is worse than a loss of R5.7 billion in the previous year – increased financial costs in increased financial expenses in 2023-24, additional debt and higher interest rates.
Instead of the banners for the treasury, government companies, the government would apply himself to improve management and transparency in these institutions.
“In addition, the government will support various mechanisms, including credit guarantees, credit guarantees, debt and grant finance, if necessary,” he said.
In the budget of the 2023 budget, the government’s budget review announced the decision to provide the government’s balance sheet, to provide Eskom in the R254 billion debt assistance to invest in the field of reconstruction and operation.
On Wednesday, in March 31 this year, the government will have to develop R14 billion R44 billion in the Eskoma debt relief. He said: “It was reduced by the original amount predicted to this point,” the Utility’s Eskom’s Eskom was not in accordance with the deadline for the last date of the financial company. “
“Because the government is moving towards the closure, the government has a change in consulting with Eskom, to facilitate the final stage of debt relief, as well as a change in the financial position of interventions in the financial position of the financial situation,” he said.
In May 2028, in 2028-29, in 2028-29, R40 billion R40 billion in 2025 billion, R40 billion, R40 billion, R430 billion in debts to pay R230 billion and R40 billion. “
Over the next three years, state companies have been divided into R1.03 trillion to spend public infrastructure projects by state companies, as well as national, provincial and local governments.
This will be spent on R419.2 billion R219.2 billion, energy infrastructure and R155.3 billion R155.3 billion water and sewer infrastructure by R219.2 billion in the South African National Way Agency here for road infrastructure.
Treasury has transmitted funds from transnet since 2018 to debt service from capital expenditures. However, this was the turn of the standing, the queue came to the “maintenance and expansion of critical infrastructure.”
In December 2023, the government used a r47 billion guarantee, cargo and logistics assistance used “debt and new debt”.
The government supports critical infrastructure projects such as the expansion of a land container terminal in the city of Kape, while avoiding the debt relief or general balance support, the Treasury said.
Last month, Transnet, a R892 million power carrier and gantry cranes in the durban port, a part of the first group consisting of more than 4 units this year, will be delivered to the port to increase the ability to work and reduce the ability to work.
In 2025, the additional equipment to be delivered to Durban container terminals, in April-December, from 40 to 40 coastal cranes and 67 trailers. Port Elizabeth Container terminal will receive 12 scoring carriers, and Cape Town will receive 28 cranes and goal carriers in the fiscal year 2026.
