Appointment process of SOE board members under scrutiny
The ills being exposed at the state capture inquiry are ample proof the current system is flawed
Academics in SA have called for greater transparency in the appointment of board members at state-owned enterprises (SOEs), saying there should be a limited role for ministers and members of the executive. The Dullah Omar Institute at the University of the Western Cape, with the support of the Open Society Foundation, is conducting research and advocacy work on the framework for the appointment and dismissal of board members at parastatals. The organisations say given the prevailing ills of state capture, there is a need for greater transparency in the appointment process. SOEs in the country, particularly Eskom and Transnet, have been embroiled in controversy in recent years largely as a result of the appointment of inappropriate individuals as CEOs and board members, which facilitated state capture. The looting of SOEs is now being probed by the commission of inquiry into state capture headed by deputy judge president Raymond Zondo. Boards have been the central vehicle through...
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