Over the years, I have been wondering whether state-owned enterprises (SOEs) have what it takes? I myself also served on a number of SOE boards, and it is my conviction that some SOE boards are just there for window dressing and to please their appointing principals. When one looks at how some SOE board members...
//Kharas governor Aletha Frederick says the Public Enterprises Ownership Policy currently under consultation should be able to position state-owned enterprises (SOEs) to drive economic growth in the country. Frederick says public enterprises (PEs) play a significant role in the economy as they contribute to growth, employment creation and the provision of essential services. She notes...
Mineral Resources and Energy minister Gwede Mantashe is calling for an investigation into the multiple resignations of executives from several state-owned enterprises. Transnet’s CEO Portia Derby and Transnet Freight Rail CEO Siza Mzimela both recently resigned in the space of a week. Eskom board chairperson Mpho Makwana’s resignation was announced on Monday evening. Mantashe says...
The rapid collapse of state-owned entities continues to threaten South Africa’s political stability and intensifies the social crises created by a stagnant economy. On 7 August, Daily Maverick reported a story that captured the tragic realities of poverty. Trapped in debt, unable to feed her children, a 38-year-old mother in the Eastern Cape allegedly killed...
The construction of a dining hall worth N$1.8 million at Noasanabis Primary School in Leonardville village in the Omeheke region is underway as part of a multi-month project slated for completion in mid-September. The latest investment in the village comes courtesy of Uranium One Group, a mining company prospecting for uranium in the Leonardville area....