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Cabinet welcomes SOEs report

Cape Town - Cabinet has welcomed the report of the presidential review committee on state-owned enterprises (SOEs).

Briefing the media following this week's Cabinet lekgotla, Performance Monitoring and Evaluation Minister Collins Chabane said the executive had also resolved to “discuss the recommendations” put forward by the committee.

The report presented to the lekgotla covered a number of areas, he said.

These included the role of SOEs in a developmental state, governance, ownership, oversight establishment and dis-establishment, management, remuneration, effectiveness and efficiency, funding, and viability.

The report covered over 700 SOEs and public entities, including the regulatory framework, Chabane said.

Sapa

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