South African state firms request bailouts over COVID-19

“South African state companies have requested billions of rand in funding from the government to help them weather the impact of the coronavirus crisis. The South African Post Office requested 4.9 billion rand (US$292.87 million) in support, broadcaster SABC was seeking 1.5 billion rand and airports company ACSA applied for an equity injection of 3.5 billion rand because of the impact of COVID-19.”