JOHN DLUDLU: Ramaphosa steps up to tackle myriad problems on the continent
SA president has work cut out as he prepares to chair the AU and African Peer Review Mechanism
The year 2020 is a big one for SA and President Cyril Ramaphosa, from both a foreign and domestic policy point of view. At home, the challenge is to revive a faltering, job-shedding economy that is weighed down, mainly, by failing state-owned enterprises (SOEs). This week South Africans woke up to news that workers at Autopax, the state-owned bus service, will only receive half of their salaries; and that regional feeder airline SA Express was embroiled in a legal wrangle over an application to place it under business rescue, like SAA.
Most of the critical SOEs, such as Eskom, the Passenger Rail Agency of SA (Prasa), SA Post Office, Transnet, SAA and the Public Investment Corporation, are run by interim leadership teams — interim boards, CEOs and/or administrators, or business rescue practitioners in the case of Prasa and SAA. Complicating matters are the factions of the ANC using these public policy bodies to wage their internal battles...
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.