The agents and architects of state capture are still in play and biding their time before they strike again, Public Enterprises Minister Pravin Gordhan says. Speaking at the Nedbank Treasurer’s conference in Sandton on Thursday, Gordhan said: “The forces at the centre of state capture are not just walking away, they’re fighting back and trying to hold on to what they have and get rid of the good guys so they can win back that space and continue on with the kind of destruction in those state-owned entities.” Gordhan is faced with the difficult task of restructuring SOEs, including South African Airways and Eskom, that have weighed heavily on the fiscus. “We need to re-establish SOEs as important and dynamic role players in our economy,” Gordhan said. Gordhan has changed the boards of key SOEs to root out corruption and the remnants of state capture. “We need to look at business and operational models and the sustainability and feasibility of these models — this is our next task,” he ...

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