Ramaphosa admits to 'massive system failure' in the appointment of SOE boards

Ramaphosa admits to ‘massive system failure’ in the appointment of SOE boards
Ferial Haffajee
The parlous condition of state-owned enterprises was the result of a massive system failure in how the boards of SOEs were appointed, President Cyril Ramaphosa has admitted at the Commission of Inquiry into State Capture.
Ramaphosa completed his first day of testimony before the commission on Wednesday 28 April and will continue for a second day on Thursday. Judge Raymond Zondo asked the head of state what criteria were followed in appointing boards and “how come they (SOEs) are in this state now?”
“Some of the (failure) may have been inadvertent, and some may have been purposeful,” said Ramaphosa. 

Related Keywords

South Africa ,David Mabuza ,Dudu Myeni ,Matshela Koko ,Raymond Zondo ,Cyril Ramaphosa ,Paul Pretorius ,Arthur Fraser ,Jacob Zuma ,Commission Of Inquiry ,Security Agency ,Political Party Funding ,Eskom ,President Cyril Ramaphosa ,Judge Raymond Zondo ,State Capture ,Brian Molefe ,State Security Agency ,Political Party Funding Act ,பால் பிரெத்தோறிூச் ,ஆர்தர் ஃப்ரேசர் ,ஜாகோப் ஜும ,தரகு ஆஃப் விசாரணை ,பொலிடிகல் கட்சி நிதி ,நிலை பிடிப்பு ,பொலிடிகல் கட்சி நிதி நாடகம் ,