"It seems I am always on standby," acting SAA CEO Zukiswa Ramasia joked at a conference recently.

So, it seems, is much of the rest of the state-owned sector, where acting CEOs tend to be the rule and permanently appointed ones the exception. Nor is it just the captains who are acting - so is much of the crew, with state-owned enterprises (SOEs) peopled by executives who've often been acting for months, if not years...

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