An example of government failure is...
A. "The Monetary Authority of Singapore has imposed a S\$53.9 million (US\$2.94 million) fine on Credit Suisse for failing to prevent or detect misconduct in over-the-counter bond trading."
B. "Minister of Sport, Arts and Culture Zizi Kodwa has announced that government will be hosting an all-encompassing awards ceremony to recognise those who exhibit outstanding artistic and technical achievement in the arts and culture sector. \"The creativity and imagination of the South African designers, artists, producers, writers, and performers are continuing to shine the light on the global stage and driving the growth of our creative economy,\" Kodwa said on Tuesday in Pretoria. The Department of Sport, Arts and Culture intends to confer South African Creative Arts Awards (SACA) annually in appreciation of the outstanding contributions to the creative sector."
C. "In a breakdown of the 1 777 Employment Equity Act-linked referrals received by the CCMA from 01 April 2021 until 31 January 2022, the report found that 1 087 were for unfair dismissal on arbitrary grounds, while 359 were over \"equal work for equal pay\"."
D. "Ports and freight rail company Transnet has been issued an immediate R47 billion guarantee facility by National Treasury in support of the company's recovery plan and to meet the state-owned entity's immediate debt obligations."
