Every South African wants to see state-owned enterprises (SOEs) fulfil their mandates of being strategic national assets for infrastructure development and transformation, operating efficiently and embracing financial accountability to help tackle the three scourges of unemployment, underdevelopment and poverty.
In his Thuma Mina (Send Me) clarion call, President Cyril Ramaphosa has called for a “social compact” to lift the ailing SOEs out of the financial and economic morass.
As we look for common solutions to arrest the downward spiral of our SOEs, the question remains why it has taken government so long to act in areas where it has direct control.
The answer lies in government’s refusal to ensure that capable people with good credentials are deployed to the right positions, and…
