Legal officers from government departments and SOEs are gathered in Pretoria for a two- day conference.
Economists have warned that the country’s debt to Gross Domestic Product could be pushed to unsustainable levels if requests for bailout by State Owned Enterprises are given a green light.
Public Enterprises Minister, Pravin Gordhan says radical surgery is required to ensure that Eskom’s municipal debt of 13.5 billion rand is addressed, warning that the power utility was carrying an unfair burden.
Government says it is going to work hard at combating the scourge of corruption in State-Owned Entities and in various government departments.
Minister of Public Enterprises Pravin Gordhan says government has to turn things around in State Owned Enterprises to ensure private investment.