Public Enterprises Minister Lynne Brown has responded with an emphatic no to a suggestion that she resign in light of the allegations of state capture swirling around key parastatals and her alleged failure to hold their boards and executives to account. The suggestion was made in a written parliamentary question posed to the minister by DA public enterprises spokeswoman Natasha Mazzone. Brown began her response by saying Cabinet ministers are appointed by the president. "It is easy to get caught up in the song of the choir of negativity," the minister said. "Let me say that state-owned companies (SOCs) are in a better position today than when I took over. The SOCs in my portfolio increased their asset base from about R750m in 2014 to more than R1-trillion." Brown said Transnet recorded net profit in the 2017-18 financial year of R3.4bn on a 13.8% revenue increase to R37.1bn. According to the minister, under her watch Eskom had been turned around from load shedding and not being a g...
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