The state of SOE Boards in South Africa
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GUEST – Bonang Mohale, president of Business Unity SA (Busa)
SA's state-owned enterprises (SOEs), critically wounded by the "nine wasted years" of the Jacob Zuma administration have not recovered. After four and a half years of Ramaphosa, the condition of several has deteriorated financially. Governance, which was to be Ramaphosa's hallmark, is poor, with long overdue board appointments not made and independent directors shifted into executive roles.
SA's state-owned enterprises (SOEs), critically wounded by the "nine wasted years" of the Jacob Zuma administration have not recovered. After four and a half years of Ramaphosa, the condition of several has deteriorated financially. Governance, which was to be Ramaphosa's hallmark, is poor, with long overdue board appointments not made and independent directors shifted into executive roles.
