SOE presidential council is a step in the right direction
An SOE in distress requires a different set of management skills compared to those needed to manage a well-run organisation
05 March 2020 - 15:33
There is no doubt that achieving much needed economic growth in SA will also depend on the success and effectiveness of state-owned entities (SOEs). They therefore cannot be allowed to fail or collapse because of the systemic risk this poses to the country.
The success of SOEs depends on strong financial management, governance controls as well as clear strategic perspective from the government. This requires a clear understanding of government’s oversight role and a strong developmental plan supported by industries the government wants to focus on...
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