Parliament - Finance Minister Tito Mboweni on Thursday said he would allocate funding from the contingency reserve to shore up South African Airways, the South African Broadcasting Corporation and Denel but warned that the handouts should not be considered a "blank cheque".
Mboweni promised the lifelines to the three stricken state-owned enterprises in his budget vote speech and said it would be allocated once Parliament had approved the current departmental appropriations being debated.
"But I must add that this government support cannot be a blank cheque to these state-owned enterprises. We really and truly cannot carry on like this."
The minister said he needed to stress that there were companies in the aviation and broadcasting sectors that provided quality services and turned a profit while the SAA and SABC relief on government relief.
"In some cases, such as in aviation and broadcasting, various companies are making profits in providing good quality services... under the same economic conditions."