The department said the company will be 100% state-owned and the bill separates state ownership function from policy-making and regulatory functions.
CAPE TOWN - Members of Parliament have questioned the objective of creating what some have labelled a “super state-owned company" that will oversee and own the country’s state-owned entities .
On Wednesday, MPs in the portfolio committee on planning, monitoring and evaluation received a briefing on the National State Enterprises Bill which will centralise shareholding of the country’s major SOEs.
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