State-Owned Enterprises Council

President Cyril Ramaphosa will chair the virtual inaugural meeting of the Presidential State-Owned Enterprises Council on Thursday morning. The meeting will discuss the country’s Economic Reconstruction and Recovery Plan. It will also look at an overview of the different state-owned enterprises and the council’s terms of reference. A number of state-owned enterprises are unprofitable and have proved to be a burden on the National Treasury with a number of bail-outs. […]