Public enterprises minister wants power to remove SOE boards


The department of public enterprises, the custodian of SA’s state-owned companies, wants to increase the power of the minister over parastatal boards by giving him the authority to dissolve them and step in when things go wrong.

State-owned companies have been plagued by governance problems, mismanagement, corruption and financial instability for more than a decade...

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.

Would you like to comment on this article or view other readers' comments? Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.