Ramaphosa appoints presidential council to reform state-owned enterprises
11 June 2020 - 20:14
President Cyril Ramaphosa has appointed the long-awaited presidential state-owned enterprise council that will support the government's repositioning of SOEs as effective instruments for economic development.
A number of the country’s SOEs, such as power utility Eskom and ailing airline SAA, which is now in business rescue, are in a dire financial state, and were decimated during years of state capture...
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