STATE-OWNED ENTERPRISES
JOHN DLUDLU: Pravin Gordhan has a tougher job than the national soccer coach
Of all the new-old cabinet members announced by President Cyril Ramaphosa, Pravin Gordhan is one of few who is uniquely qualified for his portfolio. The new public enterprises minister ticks most of the boxes — he’s hard-working, diligent, scandal-free, and possesses integrity and unrivalled insights into his vast portfolio. His career path hasn’t followed a straight line. At the end of his tenure as commissioner of the South African Revenue Service he was picked by the board of Transnet as CEO-designate of the freight logistics parastatal. At the suggestion of the left members of the governing alliance, then president Jacob Zuma asked him to turn down the Transnet job and become finance minister. This was before Zuma decided to withhold his professional affection for his finance minister, which led to his sacking in March 2017. In that portfolio Gordhan had full view of the finances of all of the state-owned enterprises (SOEs) — both those with a commercial mandate and those with a...
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