One of the perils of being a state-owned entity in South Africa today is to be the victim of lazy analysis and shoddy reporting.
The easy way out for many journalists is to mark all state-owned entities with the same label. “Maladministration” and “irregular expenditure” are phrases that are used to tarnish all such entities without bothering to examine the facts.
SANRAL was again the recipient of this hurried analysis in an article republished in The Citizen and written by Moneyweb this week. The trigger was the meeting between President Cyril Ramaphosa and chief executives of state-owned entities to discuss issues relating to their mandates.
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