POLITICS LIVE: Zuma to take personal charge of state-owned enterprises. What could possibly go wrong?
7.25-----Zuma to take personal charge of state-owned enterprises. What could possibly go wrong?The Business Day newspaper is leading with news that, following a cabinet lekgotla meeting, President Jacob Zuma is to take personal charge of sorting out South Africa's state owned enterprises - the phrase the newspaper uses is 'directly oversee'.From the report:President Jacob Zuma is to directly oversee the strategy of all state-owned companies and any government interventions that might be necessary, through the creation of a special presidential co-ordinating committee that he will chair.And later on:The decision to place Zuma at the apex of decision-making is noteworthy, as there has been significant tension within the government over state-owned companies, particularly between South African Airways (SAA) and Denel, and the Treasury.Announcing the decisions of the meeting, Minister in the Presidency Jeff Radebe said on Monday the intention was to provide Zuma with "line of sight on s...
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