The ANC's inefficiency has led to the gradual displacement of the state as a primary player and the emergence of private enterprise as providers of resources, writes Khaya Sithole.
Two and a half years ago, President Cyril Ramaphosa assembled one of his most high-powered panels under the guise of the State-Owned Enterprise Council.
The council’s ambitious mandate included "ensuring that SOE-specific interventions are implemented to stabilise companies through the strengthening of their governance, addressing immediate liquidity challenges and implementing agreed turnaround strategies".