In one of his recent weekly newsletters to the nation, President Cyril Ramaphosa wrote extensively about the importance of state-owned enterprises (SOEs) in our economy and the broader development agenda. He also dealt with the governance challenges facing these entities and the need to turn them around if they are to deliver any public value to the nation.
The significance of parastatals in propelling economic growth in a developmental state such as ours cannot be overemphasised.
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