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?
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.