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MPs assured that SOE holding company board will be led by competent people

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MPs in the planning, monitoring and evaluation committee on Wednesday questioned the objective of forming a major state-owned holding company to control all SOEs.

CAPE TOWN - The Presidency has assured MPs that the board of the country’s SOE holding company will be led by competent people, appointed on merit.

MPs in the portfolio committee on planning, monitoring and evaluation on Wednesday took part in a workshop on SOEs and the National State Enterprises Bill. "Meritocracy, will they be qualified, will they be experienced, will they be competent and will we be avoiding our history of appointing cadres who are loyal to party policies?"

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