Government will be announcing a number of reforms that are going to be taken on State-Owned Entities (SOE’S) at the Mid Term Budget in October.
Public Enterprises Minister Pravin Gordhan says the timing of Public Protector Busisiwe Mkhwebane’s findings against him are questionable.
Public Enterprises Minister Pravin Gordhan says the term State Capture does not cover the full extent of damage caused by looting at State-Owned-Enterprises (SOEs).
President Cyril Ramaphosa says government is addressing governance as well as liquidity challenges facing State Owned Companies such as Denel and South African Airways.
Reduction of state dependency, conflicted board members and an inability to compete effectively are some of the strategies applied and challenges faced by leaders of three State Owned Companies (SOC’s).