SOEs will face major reforms soon - Gordhan

Published Mar 6, 2018

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PRETORIA - South Africa will announce details of wide-ranging reforms at state-owned firms within four weeks, the public enterprises minister said on Tuesday

Government is seeking to return credibility to companies hobbled by graft and mismanagement.

The control board members have over procurement at state companies, one of the main processes alleged to have been abused by officials in the past, will be changed within two to three months, Pravin Gordhan told a union meeting. 

-REUTERS 

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