Auditor-general official urges urgent SOE reform
Finalisation of long-delayed Shareholder Management Bill and funding criteria will provide certainty, says Rabonda
12 October 2022 - 19:15
The government should finalise and implement key reforms urgently in the management of state-owned enterprises (SOE) to ensure policy certainty and empower them to deliver on their developmental mandates, an executive of the office of the auditor-general said on Wednesday.
The Shareholder Management Bill, in the offing for years, should be finalised, and criteria for funding SOEs should be clarified, A-G deputy business executive Fhumulani Rabonda said in a briefing of parliament’s public enterprises committee members on the audit outcomes of the department and SOEs...
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