Gov’t puts SOEs on notice
Tuesday, September 29, 2026 | 460 Views |
Ndaba Gaolathe
Vice President and Minister of Finance Ndaba Gaolathe made the warning recently as he unveiled government’s proposed SOE ownership policy, signalling a tougher and more commercially disciplined approach to state ownership.
Gaolathe said government could no longer continue owning enterprises simply because they had historically been placed in public hands.
Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...