Minister of electricity no departure from December resolutions, says ANC says
Party says formation of SOE holding company is in line with its conference decision to move SOEs to line departments
12 February 2023 - 20:15
The ANC insists the impending appointment of a minister of electricity and the establishment of a state-owned holding company for SA’s struggling state-owned enterprises (SOEs) does not contradict the party’s 55th conference resolution that they should be moved to their line departments.
President Cyril Ramaphosa announced these steps in his state of the nation address as part of a list of plans to end the energy crisis, which threatens SA’s parlous economy, and to address inefficiencies in SOEs that have a material effect on their development mandates. ..
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.