As State-owned entities (SOEs) continue to rely on government bailouts and dominate the guarantee portfolio of the fiscus, Finance Minister Enoch Godongwana has announced conditional in-year allocations to various SOEs in the National Budget speech delivered on February 22. These include allocations to arms maker Denel, the South African National Roads Agency Limited (Sanral) and freight utility Transnet to the tune of R30-billion, to enable these entities to “continue supporting economic growth”.