NATIONAL ASSEMBLY
QUESTION FOR WRITTEN REPLY
QUESTION NUMBER: 2226 [NW2400E]
DATE OF PUBLICATION: 17 AUGUST 2018
2226. Mr R A Lees (DA) to ask the Minister of Finance:
What are the details of all debt currently owed by state-owned enterprises in terms of (a) local denominated and (b) foreign denominated debt?
NW2400E
REPLY:
The consolidated outstanding debt of major borrowing SOCs as at 31 March 2017 amounted to R699.4 billion. Between 1 April 2017 and 31 March 2018, the major borrowing SOCs added a gross amount of R101.7 billion to the debt that was outstanding. The gross funding that was raised was split as follows: 72% domestic borrowings and 28% foreign borrowings.