ANC grappling with worsening SOEs

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The ANC is sitting for a four-day national executive committee meeting and lekgotla where plans to save an increasing number of state-owned enterprises from collapsing will be top of the agenda by Queenin_M and setumostone

The country is fast running out of good candidates to serve on the boards of state entities as more people continue to lose faith in government’s capacity to work hand in hand with them.

Research and development company, the SA Nuclear Energy Corporation , officially does not have a board in place.ANC spokesperson Pule Mabe on Friday said the NEC would focus on state entities, and each member from the committee who was in any way involved with the running of these companies would be given the opportunity to submit a report on their portfolios.

Legal advice obtained by the SAA board triggered the resignation of Martin Kingston this week, and it is expected that at least two more members are considering whether to stay. “In due course, and after final decisions have been made as to the future of SAA and its various underlying assets and activities, I will share my observations based upon my experience as a board member.”Following the resignation of board members this week, insiders told City Press the company was beyond business rescue.

 

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Queenin_M setumostone Nothing fruitful,it's a vacation or some get -together 🙄🙄🙄

maggsnaidu Queenin_M setumostone This further proves that Gordhan is incompetent and failing dismally... gordhanmustgo

Queenin_M setumostone All SOEs hv already collapsed so which SOEs r they referring to?FW de Klerk should hv let those bastards perish in Robben Island I blame him for having released those ANC thieves frm Robben Island

Queenin_M setumostone Save them? I wonder how they are going to do that? They've broken them in the first place!

Queenin_M setumostone Is there anyone who still believes that these clowns got solution to the mess our country is facing

Queenin_M setumostone The NEC is presented as this think-tank or some kind of brain-trust sitting somewhere in the upper echelons of a massive organization, whereas this is just a structure constituted by the same brain-less thugs who brought SA in this haggamaga!🙏

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