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Cape Town - President Jacob
Zuma on Wednesday announced the appointment of a Presidential State-owned
Enterprises (SOEs) Review Committee.
Speaking during debate on
the presidency budget vote in the National Assembly, he said the medium-term
strategic framework released last year stated the need for reviewing SOEs as
part of the economic transformation agenda.
"We have to ensure
that while they remain financially viable, the SOEs, development finance
institutions, as well as companies in which the state has a significant
shareholding, must respond to a clearly defined public mandate, and help us to
build a developmental state," he said.
"I have appointed a
Presidential SOE Review Committee to undertake this important work."
The committee would be
chaired by Mangwashi Victoria Phiyega.
Other members were Glen
Mashishi, Mafika Mkhwanazi, Deon Crafford, Swazi Tshabalala, Dawn Morole,
Pramod Mohanlal, Gugu Ngcobo, Mbulelo Mzamane, Takalani Madima, Lumkile Mondi,
and Nombulelo Mkhumane.
"We wish them well as
they undertake this important task over a one-year period," Zuma said.
- Sapa