President Cyril Ramaphosa has reaffirmed government’s plans to support ailing state-owned enterprises (SOEs) and made it clear that there’s no intention to privatise them. Ramaphosa was replying to debate on his State of the Nation Address at a joint sitting of Parliament on Wednesday. He did not respond directly to criticism from opposition benches, instead..
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Ramaphosa rejects privatization of SOE’s although the whole lot is poorly managed by incompetent staff, and cost SA billions of rands
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Poor governance and corruption in the ANC regime is the main reason why many state institutions face bankruptcy, just take SABC into consideration who needs R3 billion before March 2019 to pay salaries and debt
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At least two councillors from the SABC have resigned. The Board has given notice to the presidency that three councillors resigned and all inquiries are referred to the presidency. This follows after alleged retrenchments by the Council and in combat with the newly appointed Minister of Communications, Stella Ndabeni Abrahams. There was a situation and..
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