PETER BRUCE: SOS for SOEs — send in the experts
All of SA’s state-run enterprises need experienced and battle-hardened leaders to turn profits
Surely we can fix this? Our state-owned enterprises (SOEs) are killing our national wealth, but it doesn’t have to be so. Where they’re not monopolies like Eskom, they’re potentially innovative and valuable, like Denel. There are luxuries like SAA, and potential lifesavers like the SA Post Office.
They all do different things and all need different strategies. But they have a lot in common. They all need experienced and battle-hardened leadership. They all need to make profits because their role in a developmental state should be development. They are not job creators. They are there to provide dividends for the state...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.