Answer to Question #209037 in Macroeconomics for mimi

Question

with an aid of a graph, illustrate the current performance of state owned enterprises monopolies in south africa

Answer 1

The current performance of state-owned enterprise monopolies in South Africa is declining. This is because the state-owned enterprises' monopolies face problems such as mismanagement, incompetence, and corruption. For example, for electric generation, Eskimo has been performing poorly with a limited supply of power, which has led to low outputs in agriculture and the industrial sector, which depend on power. The state-owned enterprises' monopolies' under performance has led to decreased output, unemployment, and high debts.