Shake-up could see strategic SOEs fall under one holding company

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The government is working on a new bill to establish a holding company that will oversee major state-owned enterprises.

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That is State Capture from Cyril. You were busy telling us about Gupta's, what is this now? Nonsense! Should he dare. During Gupta's no SOE was sold even a single one😡

Shack up the whole anc thieving thug government.

A holding company run by the ANC?

But who will run that holding company? If it is gonna be ANC cadres nothing will change, the SOE's will continue to fail.

One department is failing,yet the same department is pushing for one company? Pravin think we are stupid

I think it makes sense , them SOEs will be run like departments

Strategic privatisation... Lo mgodoyi uthengisa ngathi

I can't wait for when they sell 51 percent of the holding company

Stop digging, your in shithole already!

Thought that was what the 10% Chancellor House was?

fowardbow No please don't. We say no because it'll just be wasteful expenditure

No to privatisation!! Fix the SOEs

we shoild have made pravin Joburg mayor...we loosing innocent ppl when demons continues to be among us😪😪

zsimayi MadiBoity mangalani MEB40122141 kabelodick NkuliMbundu I'm unlearned when it comes to this but I guess it's another delay tactics by amasela and imigodoyi of MYANC

Too late. Why did a whole cabinet fail to see the decline even when the country was screaming it at them. The arrogance was their downfall.

Wmc time to eat more 🔥🔥🔥state capture is happening now

It's not new it's always been there

pg is designing a progressively efficient looting structure.

Chancellor House😂

Well it used to be Gupta Incorporated. So whats new?

The ANC govt wants the control of SOEs to hav access to high finance💰& fatten ALL the Corrupt Cronies,Comrades&😎Cadres of its Cabal⁉They've proved for 28yrs to be Incapable of running/managing big bznz & most SOEs are failed📉& in Debt! what makes this new idea any better?😵

I wonder how

PriscaMbh This is just stupid

Almost 30 years later? Wow!!!!👏👏👏

Hamba wena Cyril

State capture

🤣🤣 Create another SOE, that will have overpaid employees, with an overpaid CEO, only to fail.

Sithule siyabuka engabe sibukani izwe liphela

What are the chances of a shake up?😂😂😂

Oh look. A new trough for the snouts

Is tat company not a duplication of what should transpire in those SOE's...becoz you just need to do away with cadre deployment and get skilled and ethical peope for the job,it's not that deep really. Didn't you guys learn from District's and local municipalities?

Oversee that looting is done professionally

Minister of terror

Eish....gordjam, where are your brains? More cadres to loot?

So now it seems a special dept to oversee the disbursement of funds , is it just me or are you dubious too?

They really won't stop

Who comes up with these ideas?🤔

The first thing here thats unbelievable is: the gov is 'WORKING'!!!

Cannot for the life of me understand why they think adding another corporate layer will improve anything...

This just reconfirms how inept and bloody useless this failedANC govt is.

Moloi

🤐🫢

Even they realise the government cant manage anything.

Convoluted thinking 🤔! Creating another state layer which is ripe for abuse.

privatize privatize privatize privatize privatize privatize privatize privatize

WTF

Failed State

Big brother and the holding company

That's a much better or kind of a professional way to create jobs for comrades. I mean, we have a Public Enterprise department, with a minister already Mr CyrilRamaphosa , Parly committees for oversight, Directors, and Deputy directors, their PAs, and Secretaries.... gosh🙄

'The government solution to a problem is usually as bad as the problem and very often makes the problem worse'

Isn't that hidden privatization?

It's a much more professional way to create jobs for comrades.

DeanMacpherson

Grabs popcorn and a beer and sits back …..

That will never work. Unless you get private people

To employ more incompetent cadres.

RET 2.0

Pravin ucaptured like a little swine pet. Naye uzoveza his true colors 🤞🏾

Stop paying taxes to these people

Ooh,do you mean your department failed to over SOEs.Holdong company were you will deploy your comrades

Pravin is tired and sick. He must retire. He ran out of ideas and doesn't have anything to offer

Assign GiftoftheGivers

Just a bigger umbrella for more failure under one roof. Anc not competent.

How much will it cause tax payers?

A holding company of holding companies?

Then what is the minister do.basically we are saying the minister has failed?so mustn’t keep in our payroll

Fuck. That. Shit.

That should make a HUGE difference. Same clowns. Same results. 🤡🤡 ANC , you are a cancer to this country. Do us all a favour - disband and voetsek. For the good of your country.

Something about “deckchairs” and “the titanic”. Just another clueless comrade.

Worse ,if that new holding get a bad / greedy administration that's means all the SOEs will collapse. It's not a good idea.

Centralisation, control, power hungry and greediness 😱 SA is doomed...😤

They're selling our SOES for free to their families and well connected

The ANC always thinks further legislation is the answer. SOE's have CEOs and have boards.... they failed because they fielded people who were not capable period. And they failed to manage performance decisively.... instead concentrating on looting.

even worse

For what purpose. Putting lipstick on the pig

Making it easier to privatize all state entities I see. This company will be sold to the west of course with shareholders in Stellenbosch. We see you Parafin.

Making it easier to privatize all state entities i see. The will be sold to the west of course with shareholders in Stellenbosch. We see you Parafin.

Lol so the 'company' that is the department of public enterprises or whatever its called today wants to create another department of public enterprises? How does ANC come up with all this fackary?

How will this change anything other than to have another layer of useless Cadres skimming fat salaries off the state coffers?

Sell them!

Clutching at straws instead of focusing on the real stuff that counts

Big mistake. A new company won't fix the problem. It's a human behavioral problem. New people are needed not a new company.

Lot off bullshit

Well, they're so good at it, right?

More Looting Opportunities for the MYANC Cadres ANCisCorrupt ANCHatesSouthAfricans VoetsekANC

I see Corruption written all over it, bill to 'oversee SOEs'😲 CyrilRamaphosa RonaldLamola DlaminiZuma ParliamentofRSA Corruption_SA OUTASA CASACZA KathradaFound HelenSuzmanFdn amaBhungane dailymaverick News24

That should make looting a little bit easier for most comrades. There will be no need to bribe hundreds of people; it will now be one or two people, and you are done.

I don't like seeing that face .

No! Rather RE-CALL THE CORRUPT ANC REGIME!!!! DrainTheSwamp2022!

Are these the same people that came up with the Flag idea? Hope they lose the next election

SAA was run to the ground. Then it was bought by connected cadres for R51.. Are cadres going to do this to the rest including Eskom? Even if we vote cadres out cadres still control our electricty, airways and everything else.

Who will have shares I wonder...

Super looting opportunities loading ...

Evidence that Jamnandas has Failed 🙈

Solamulelwa sibhamu..

When is this man getting fired oppps I forgot only death can remove this old fossil

OJay92122825 Bad idea. Fire Pravin!

Whaaaaaaaaaaaat

Another milking cow for MYANC comrades, these people are really clueless.

Central looting station?

State owned companies have been an utter failure. So let's create an even bigger failure. VoetsekANC

What is the public interest, feelings, sentiment about this ParliamentofRSA PresidencyZA or it doesn't matter

So this is an admission that you have no capable Ministers?😂

Another massive MYANC looting scheme loading.

Sigh...... They fucking relentless!

When theres nothing more to steal, what will happen?

Another looting strategy

Corruption gateway

Central looting station?

Eh?😮😲🤔

Centralisation obsession continues.

Another buggerup loading.Anything a ANC/ EFF govt.touches turns into shit.

Lol

Another feeding through for cadres....

Totally ridiculous. Are you absolutely sure this isn’t fake news.

That sounds a goddamm awful idea

Makes it easier to steal, I'm sure.

It's an unnecessary job creation Ponzi scheme. For criminals.

A new strategy, everytime there's a crisis, which speaks to failure to hold responsible people accountable for failure! If this one doesn't work, you'll hear of another strategy, they won't evaluate why it failed and hold the one behind it accountable! Eskom unbundling ?

Another intensive method of looting.... People must just accept they have failed and resign

It would a lot easier for the anc cadres, that way they don’t have to loot multiple soe’s

They can call it Gangsters Holdings Incoperated. Vision: stealing under one rainbow umbrella 🌂 Viva ANC

Thieves n the paid scribes lying some more

Chancellor House?

You have got to be fkn joking. They need to get rid of SOE not create means to further protect the corruption & ineptitude.

🙄

Signs of STATE FAILURE.

the only way to get the SOEs back to life is to scrap employment equity and get white people to run the show

This government should stop trying to 'work on things' then the county would be much better.

Sold.

This is like putting a plaster over a wound that needs stitches

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