South Africa: Deputy President Sets Eyes On SOEs

Deputy President Cyril Ramaphosa has set his eyes firmly on the country's State-Owned Enterprises (SOEs) saying South Africa's economy can only stabilise if there is stability at these critical entities.

There has been concerns in recent months over governance and claims of financial mismanagement issues at some state-owned companies including Eskom, Transnet and SAA, among others, with investors and ratings agencies displaying discomfort over how these entities are operating.

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