Carol Paton | Boards of state companies are broken, paralysed - despite Ramaphosa's pledge | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Former president Zuma used board appointments to create a web of control and corruption. Under the Ramaphosa administration, appointments to boards have either ground to a halt or are still occur on an 'interim' and arbitrary basis, writes politicsblahbla

Former president Jacob Zuma used board appointments to create a web of control and corruption reporting to his friends the Guptas. Under the Ramaphosa administration, appointments to boards have either ground to a halt or still occur on an"interim" and arbitrary basis, writesSA's state-owned enterprises , critically wounded by the"nine wasted years" of the Jacob Zuma administration have not recovered.

While the damage done by the previous ANC administration is deeper than anyone anticipated, it is time to ask why Ramaphosa, Public Enterprises Minister Pravin Gordhan, and other Cabinet colleagues with SOEs in their care have been unable to get it right. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

politicsblahbla The biggest problem is lack of urgency in the State. I made example with Liz Truss. Same day she became Prime Minister she appointed Cabinet and a Plan to combat high energy costs and inflation. In SA summits and task teams are all we do.

politicsblahbla 😂😂

politicsblahbla Your dreaming wena. There is no content here,you write likes by mentioning Former President. Old script over and over. People will even mention his name when sleeping for their benefit.

politicsblahbla As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Catherine_nico I made a successful withdrawal of R 200,000 with the help of Catherine_nico

politicsblahbla Haai voetsek. ANC work as a Collective. Your article mention Zuma so that Ramaphosa can be seen as a Saint

politicsblahbla Whether there were Gupta influence that it paralysed the SOEs cannot be established with certainty as they were in a better state then than now. They were making money compare to today. Loadshedding crippling economy. Incompetence and rent-seeking rife today in SOEs. Woeful.

politicsblahbla The best President we ever had

politicsblahbla Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines