Bill to reform state-owned companies has slim chance of becoming law

The National State Enterprises Bill, which will create a new governance structure for state-owned companies, has a scant chance of being passed by Parliament before it is dissolved ahead of the election.

On Wednesday, the Portfolio Committee on Public Enterprises chairperson, Khaya Magaxa, said that parliamentary officials had withdrawn the bill because it had been incorrectly sent to his committee.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

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Growing Concern Over Transfer of State-Owned Enterprises to Holding CompanyThere is concern over a new bill proposing the transfer of state-owned enterprises to a single holding company.
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