DAVID LEWIS: Any bets on SOEs’ shareholding leopard changing its spots?

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DAVID LEWIS: Any bets on SOEs’ shareholding leopard changing its spots?
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Rot owes much to pillaging during Zuma years, but decline has continued under present administration

Has there been a bleaker period in SA’s recent history? The brutal 1980s comes to mind, but this was at least tempered by the knowledge of certain victory eventually, which would — as the saying goes — bring a better life for all. The lost years of the Zuma administration were similarly mitigated by the knowledge that this too would pass.

Most damaging is if the shareholder minister and their department interferes with the board in its strategy-setting function and, particularly, in the board’s responsibility to appoint senior management. Indeed, ministers frequently engage directly with executive management over the head of the boards they have appointed.

How I wish André de Ruyter had sued Mantashe for suggesting that he was engineering load-shedding to get the ANC removed from power Who will be fool enough or brave enough to become CEO of Eskom, and how long will it take to make the appointment? How I wish André de Ruyter had sued energy minister Gwede Mantashe for suggesting that he was engineering load-shedding to get the ANC removed from power.

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