WATCH | Public enterprises ministry will 'cease to exist' when SOE holding company is formed, says Ramaphosa

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WATCH | Public enterprises ministry will 'cease to exist' when SOE holding company is formed, says Ramaphosa: President Cyril Ramaphosa said the department of public enterprises will “cease to exist” after the 2024 elections.

Ramaphosa was responding to questions in the National Assembly on Thursday when Scopa chairperson Mkhuleko Hlengwa asked about his bloated cabinet.

Ramaphosa guaranteed that the plan to streamline government departments, entities and programmes would happen in the next three years. “The entities that are now overseen by the ministry of public enterprises will revert to their departments,” said Ramaphosa. Ramaphosa mentioned that he trimmed the number of ministries down from 34 in 2019 to 30. He added that the increase is a temporary measure to address pressing issues — such as the electricity crisis.

“There are departments that lend themselves to being merged so that we have a much more efficient executive with fewer ministries. This is work in progress,” he said.

 

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Privatisation has always been proWest ANC from inception of their so called ruling. Nice kick backs will create new political tycoons.

The corrupt ANC must cease to exist in 2024 voetsekanc

Is too late Pravin Gordan already sold all SOEs that it why is useless to have a minister of SOEs, to just get paid while SOEs was privatized. Sies

Anc will cease to exist in 2024!

You could actually shut down all. Portfolios and get rid of all ministers. It makes no difference to the country. You should actually try it remove them all for a month and check how things look then.

This one just wants to sell the country 😒

Meaning by 2024 all SOE's will be in the hands of the private players so there won't be any need for the DPE to oversee them. Bloody hell!

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