The governance crisis at SOEs has drawn a flurry of concerns about what’s driving the exodus of leadership.
JOHANNESBURG - Political interference in the governance of state-owned enterprises is behind their parlous condition.Two SOEs at the centre of the country’s energy and logistics crisis's are seized with a leadership vacuum following several resignations at the top.
Political analyst at the University of Johannesburg Theo Venter believes government continues to overstep in the operational matters at SOEs."It seems to me that what we are doing, and we have witnessed this at Denel, we’ve witnessed this at Eskom, we’ve seen this at Prasa and at Transnet and at several others that ministers intervene into the normal flow of governance processes. And I think Pravin Gordhan, especially, micromanages," said Venter.
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