South Africa: Improve Your Oversight Over State-Owned Companies - Committee Chairperson

document

If there are no consequences for the mismanagement of procurement policy, among other things, the application of the turnaround strategy at any company will be rendered useless, the Chairperson of the Select Committee on Communications and Public Enterprises, Ms Ellen Prins, told the Deputy Minister of Public Enterprises, Mr Bulelani Magwanishe.

Mr Magwanishe and the senior officials of the department appeared before the Select Committee on Communications and Public Enterprises to explain to the Committee, among other things, the department's oversight responsibilities over state-owned companies, especially on corporate governance, board appointments, remuneration of executives, risk and audit committees.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.