Gordhan: We can make SOEs 'exemplary', but opposition parties are in denial over state capture

Minister of Public Entreprises Pravin Gordhan says they are not going
to liquidate SAA and business rescue practitioners must turn it
around. Photo by Misheck Makora
Minister of Public Entreprises Pravin Gordhan says they are not going to liquidate SAA and business rescue practitioners must turn it around. Photo by Misheck Makora

The latest: Government is working to make sure that in the next few years state-owned enterprises will not be dependent on the fiscus, but it will take time and the damage of state capture to these entities must first be addressed, said Public Enterprises Minister Pravin Gordhan.

What happened: The minister on Thursday was responding to a debate on the financial burden of sustaining non-profitable state-owned enterprises (SOEs) during a sitting of the National Assembly.

What was said: The minister hit back at DA MPs for not presenting solutions but resorting to critiquing and forgetting the damage caused by state capture on these entities.


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