Schlettwein slams door on SOE bailouts
By Patience Nyangove
FINANCE Minister Calle Schlettwein has slammed the door on public enterprises that seek government bailouts to subsidise the ex-
orbitant salaries of top executives, Confidente has learnt.
Salaries of high-flying executives, some of which earn over N$2 million per annum, have been a problem at many public enterprises, some of which are perennial loss-making entities that are always begging government for financial bail- outs.
For full story read this weeks edition