Airports Company South has declared dividends of R816-million over the last five years. State-owned companies are supposed to be an asset for the state with the expectation that as they do well, then the state can also benefit. But this has become a rare phenomenon, with the state having to boost SOEs with additional funding to aid them in their operations. So, what's been the secret to ACSA's success in this regard? I'm joined by Luzuko Mbotya, Chief Financial Officer: ACSA. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Company News | ACSA declares massive dividends over last five years: Luzuko Mbotya
7 months ago
57
Airports Company South has declared dividends of R816-million over the last five years. State-owned companies are supposed to be an asset for the state with the expectation that as they do well, then the state can also benefit. But this has become a rare phenomenon, with the state having to boost SOEs with additional funding to aid them in their operations. So, what's been the secret to ACSA's success in this regard? I'm joined by Luzuko Mbotya, Chief Financial Officer: ACSA. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
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