Unprofitable state-owned entities (SOEs) in which the government invests billions have to start showing 'value for money', President Cyril Ramaphosa said in the ANC's January 8 statement.
Unprofitable state-owned entities in which the government invests billions have to start showing “value for money”.
“The monitoring and evaluation capacity of the state will be bolstered to ensure value for money, technology transfer and jobs promises are met,” he said.“The ANC will lead a campaign against illegal connections to eliminate load reduction, which is placing an added burden on communities.” “The ANC calls for Eskom and the government to immediately focus on restoring additional units to operation as quickly as possible and arresting further decline by undertaking critical maintenance; ensuring power stations have skilled and experienced personnel; and tackling sabotage, theft and corruption at power stations.”The president flagged unfinished government infrastructure construction projects that wasted millions in taxpayers’ money.
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