"There was a time when some SOCs [state-owned companies] were reasonably well run under the leadership of black people such as Reuel Khoza, Thulani Gcabashe and Peter Matlare.
"However, SOCs have become a slaughterhouse for skilled black leaders and executives whose reputations get tarnished because of factors that are beyond their control. "It has come to our attention that other black leaders and executives are on the verge of also submitting their resignation letters due to intolerable levels of political interference and the failure of the government to fully support them and address the capital structures and funding models of their struggling SOCs," Nomlala said.
Nomlala accused public enterprises minister Pravin Gordhan of behaving like the de facto CEO within state-owned companies. "This governance framework should also outline the role of the minister of public enterprises, who has clearly over-reached his authority," he said.
Nonsense, the crying babies surrendered not pushed,
They have failed. Race is not an issue. The issue is business vs politics. And finding the balance.
The black CEO in SA are Really under attack can somebody who hv eyes &vigour tell anyone at the authority that Academic professional in SOE are deliberately undermine or are targeted &put under undue pressure in order to vacate the post so that an indian/whites takes over ANCNEC