Too early to say if proposed SOE holding company will succeed – Mavuso

With Cabinet having recently approved the publication of the draft National State Enterprises Bill for public comment, Business Leadership South Africa (BLSA) CEO Busi Mavuso says it contains “little that will inspire confidence in business”.

The Bill, which will be published for public comment in coming days, seeks to reconstitute State-owned enterprises (SOEs) such as Eskom ad Transnet, by consolidating the State’s shareholdings and having one holding company for oversight.