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
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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