Mmegi

SOE reform becomes urgency for gov’t

Firming up solutions: Gaolathe 
PIC: KENNEDY RAMOKONE
Firming up solutions: Gaolathe PIC: KENNEDY RAMOKONE

Of the 16 parastatals required by law to operate profitably, just seven have done so in the past financial year. Vice President, Ndaba Gaolathe, says parastatals and their turnaround are a “big ticket” item in his conversations with President Boko. MBONGENI MGUNI, PAULINE DIKUELO & TIMOTHY LEWANIKA write on the troubled state assets

The rot in parastatals keeps worsening the more revelations of their state of affairs is made.

Nearly each week in recent months, top government officials have lifted the lid on the state of State-Owned Entities (SOEs) disclosing previously unknown, but largely suspected, gross violations of corporate governance, statutory non-compliance and financial failure.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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