R521 Billion: South Africa’s Most Expensive Mistake?

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💸 South African taxpayers have lost over R520.6 billion to bailouts for corrupt and mismanaged state-owned enterprises — and what do we have to show for it? Load-shedding, grounded flights, and a police force stretched thinner than your paycheck at month-end.

In this episode of Newsflash, Joe Emilio breaks down the shocking findings from Free SA, a non-partisan policy watchdog, who calculated that these bailout funds could’ve built:
• Over 8,600 schools
• 2.6 million homes
• Or tripled the size of our police force

Instead, Eskom, SAA, Denel, and friends continue to get blank cheques while South Africa’s infrastructure crumbles.

We look at where the money went, what South Africa could’ve had instead, and why these bailouts are not just financial blunders — but moral ones too.

🔥 It’s not just bad governance. It’s the biggest legal heist of the modern era.

👇 Comment below:
What do YOU think should be done with Eskom, SAA, Denel and Transnet?
Should we shut them down? Privatize? Rebuild from scratch?

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#Newsflash #SOEBailouts #SouthAfrica #Eskom #TaxpayerMoney #JoeEmilio #FreeSA #SouthAfricanPolitics #StateCapture #Loadshedding #GovernmentFailure #PoliticalSatire #SAnews