News24

Gigaba wants super-ministry

2012-01-29 15:43

Johannesburg - Public Enterprises Minister Malusi Gigaba wants all parastatals to be brought under his department to drive economic growth, he told the Sunday Times.

His department currently controlled eight parastatals, including SAA, Transnet, Eskom, and Denel.

If his plan went through, he would also control the Development Bank of Southern Africa, the Public Investment Corporation, which managed government pensions, the Post Office, Telkom, the SABC, and the Industrial Development Corporation.

State-owned enterprises (SOE) were key to South Africa's development and to fulfilling the ANC government's vision of a developmental state focused on growth, he told the paper.

"If you were to take this option of having a specialist stakeholder manager you would then have to take (SOE) from other departments, but it does not impact that much on their mandate because some of them, their principal mandate is policy making and not shareholder development," he was quoted as saying.

Parastatals must be at the centre of economic growth, and a legislative framework could be set up to govern them, he said.

Comments
  • Deon - 2012-01-29 15:58

    Actually what he wants is centralised and organised theft of public resources - he cannot manage what is already under his control, now he wants every parastatal to report to him? Ah, but methinks he will then be in charge of all the crony and cadre deployments so that would make him the Emperor without clothes now wouldn't it?

      pdilapiso - 2012-01-30 08:26

      Let me remind you who’s is this malusi gigaba! The guy who was elected three times in a row (1996, 1998 and 2001 respectively) as the ANCYL president. The guy who was not visible during his time as the ANCYL president. He seeks attention as he never has it during his reins. He never had an impact in lives of ordinary youth of this country as a president. He was never famous, to prove this just ask any of your neighbour who’s gigaba malusi, they will certainly say “who the hell is that?” is he one of the WEST Indies cricketer ?” the guy who never revisited ANC policies! He’s just trying hard to secure his job as Mangaung is nearer; he’s to gain popularity grounds on the expenses of the current ANCYL. He didn’t know anything about HIV AIDS as he never made any call regarding youth behaviour in relation to the disease; he never knew anything about Nationalisation as did even ask what is nationalisation?but Julius Malema the current ANCYL president who introduced new way of debates in all corners of our country (the current President who’s very well-known from Cape Town to Cairo)Malema who’s currently studying towards his degree in Political science, as compared to gigaba who has a Master’s degree in social policy?? i doubt if he knew what was the freedom Charter????this dom kop!

      miyo27 - 2012-01-30 11:01

      @pdilapiso - you could have just said he's a d*ckhead

  • ivan.coetzee2 - 2012-01-29 15:59

    Just a tad hungry for power this Gigaba is, methinks.

  • Max - 2012-01-29 16:01

    Aagh please, you can't even manage the current government departments, how are you going to manage these ones? Lastly, it is not government's role to create economic growth its the role of the private sector. Stop fiddeling around you are only screwing things up.

  • Lyndatjie - 2012-01-29 16:01

    And all those that fall under him already are paragons of Economic Growth. Well done Minister - destroy the ones you have and then demand more so you can stuff those up as well....

  • peterjohnjnb - 2012-01-29 16:10

    Forget Denel and Transnet - let's talk ESKOM and South African Airways!!!! Jesus!

      ivan.coetzee2 - 2012-01-29 19:31

      @peterjohnjnb: Jesus had nothing to do with this

  • Robi - 2012-01-29 16:16

    No No No Minister. Not when departments under siege of corruption. If unskilled managing finances, what will happen to parastatals. they can be destroyed forever. So, stop stop and stop.

  • Mark - 2012-01-29 16:17

    This plan was revealed to him when the eternal spirit of Albert Luthuli took him for a holiday to the dark side of the moon, where he met Chairman Mao and Joseph Stalin for tea made of boiling silver and cheese cake made from moon rocks. When he came back he knew what he had to do, right after disposing of the crack pipe and empty absinthe bottles that had mysteriously appeared on the floor of his room...

  • Cracker - 2012-01-29 16:29

    The concept of a developmental state falls eerily on the ear if one considers that development only comes with economic growth and the latter and meaningful job creation are only achievable under private enterprise. The record so far of the state and its trade union allies is dismal. Show us what jobs have been created and who is exactly responsible for ultimately paying the wages.

  • Seja - 2012-01-29 16:31

    ...Just give Gigaba one parastatal to sort out:- The Post Office! If he can fix the horrible mess taking place there then we can take him seriously!!

      Cracker - 2012-01-29 17:49

      There is currently a huge and important geographical area in the country under some strike control action which has for a number of weeks now stopped the distribution of postal delivery. Just as a matter of interest. It was reported in the local press. The refuse collectors are also late again this week. In one of the comments here Malaysia is hailed as an example of economic progress because of control etc from the top. In Malaysia you will not find the corruption we are used to here in South Africa nor will you be allowed to sabotage the postal services with strikes.

  • acsteyn - 2012-01-29 16:34

    I kind of agree with that think in terms of having a CEO for all the Parastals, but it certainly would not be Gibaba. I would look at certainly a Trevor Manual or an outsider from the Private sector who is really competent to run huge organizations. Maria Ramos as-lso comes to mind or the CEO of Anglo, But really, who is Gibaba?

      Mark - 2012-01-29 18:00

      @Saddreck Just like he was really good at diverting R1000 from the DHA to his wife via Interflora in the form of flowers.

  • Cracker - 2012-01-29 16:36

    One doesn't always want to be ultra pessimistic and accuse the government of all nasty things. However, when senseless and actually harmful positions like the one in the article make it into the public arena one has to start considering the possibility of the real motives behind what we are observing. Tenders, total control of the economy and state by a few and of course secrecy laws. Some nasty thread there.

  • Wesley - 2012-01-29 16:40

    Eish, Eskom, SAA, .... They should rather been put in the private sector. Goverment will make more money from tax from these companies. Currently they recieve bailouts. Min Gaga, don't carry all your eggs in one basket, you will drop it and then there is nothing. You can't even run the current companies

  • SM1012 - 2012-01-29 17:12

    I think is a good move, not only will it have a positive impact on our ECONOMICS turnover but also generate a massive JOBS creation to some of us...the UNEMPLOYED South African Youth.

      Trevor - 2012-01-29 18:10

      you vegitable idiot

      miyo27 - 2012-01-29 23:46

      @SM1012 I suspect you're part of the unemployed, uneducated masses who doesn't contribute to the economy at all. Instead you rely on hand outs and whose wellbeing depends on the honest tax paying people, who are the small minority in the country. So don't come talking about economics and freedom and all that sh*t...first contribute, then talk. you can't join a ferarri club without a ferarri

  • Vegi - 2012-01-29 17:20

    Insignificant fool. Idiot. You figure that you will always be a minister. Dream on.

      Cracker - 2012-01-29 17:41

      Important observation. Politics aside, once the laws are on the statute books to consolidate all the attractive assets and controls, who knows what follows in the line of who becomes what minister of what and under whose super boss's control, etc.

  • Michele - 2012-01-29 17:21

    There is one glaring, typically ANC ommission from his statement. He fails miserably at saying "and then one person can be held accountable". Clearly it's another attempt for another sub iq moron to steal.

  • Newsreader - 2012-01-29 17:27

    ANC....I want..I want...I want....

  • Trevor - 2012-01-29 18:33

    LMAO...sitting in Brussels reading this...funny part is, this will NEVER change in SA...the majority don't have internet nor have any media of an unbiased point of view, they in the townships living off welfair/pension, their vote can be bought with an ANC T-shirt and lunch on election day and not forgetting,an old promise of free housing, electricity, water and jobs...they vote the ANC in based on race cards and lies and we the taxpayers sit with this corrupt, broke system. We the ones who must fund these idiots, we fund EVERYTHING in SA so it's time we evolve this one person one vote and give taxpayers more say in government...give the educated a chance to steer SA in the right direction...else, this situation will NEVER change and you living in a dream world if you think it will through complaining or the DA....there are just to many poor people living off the scraps that the ANC gives them...like drug addicts they follow the ANC blindly for that next fix at ANY expense, do you see a future in this? Like an addict, when the money dries up, and it will, the whole system will collapse like a house of cards...histroy has proven this social fact time and time again.

  • Wendy - 2012-01-29 18:49

    brought under his department .. more under him, more money?

  • pws69 - 2012-01-29 18:54

    Further centralisation based on the failed communist model, which only promoted enrichment of the elite and their chosen cronies. Why am I not surprised he promotes this. The only thing the ANC have succeed in doing is robbing us blind.

  • David - 2012-01-29 18:58

    yup-let's screw them all up!

  • pierre.hough1 - 2012-01-29 19:14

    Clearly the Minister has never heard of an Office of Strategy Management he can appoint, staffed by 'COMPETENCY' to execute programmes and projects to execute such initiatives. That's precisely where the 'main problem' comes inas there is NO COMPETENCY the ranks while all the competent persons outside of his realm of thinking, are all around!

  • Gerhard - 2012-01-29 19:59

    So far they have not found anybody to manage the SABC or the ANC or TELKOM or TRANSNET or SAA or ESKOM or any other parastatal of your choice. Gigaga certainly is not the man for this job. Neither can I think of any other person presently in government to take all that on. Gigaga might run the municipality of Ogies very well provided he studies and understands the limitations of his office.

  • miyo27 - 2012-01-29 23:41

    should have said, "Public Enterprises Minister Malusi Gigaba wants all parastatals to be brought under his department to drive away foreign investment"....what ever mr banana face, you just want to suck them all dry like a greedy little leech and full your own pockets. fock off!!

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