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Image: SUPPLIED Former Prasa chief executive Lucky Montana has accused the ANC and President Cyril Ramaphosa of having failed to honestly tell the Zondo commission about the extent of the party’s active role in aiding corruption in state-owned entities (SOEs). Montana was before the commission on Monday where some of his evidence focused on the ANC’s alleged pressuring of chief executives of SOEs to help finance the party and its leaders. Ramaphosa was last week on the stand before the inquiry testifying on what the ANC had known and done about corruption and state capture over the years. ....
Action plan to expedite digitalization of State firms By ZHU WENQIAN and HU MEIDONG in Fuzhou | China Daily | Updated: 2021-04-27 09:02 Share CLOSE A pupil watches a robotic arm in action during the fourth Digital China Summit in Fuzhou, Fujian province. [Photo by CHEN BIN/FOR CHINA DAILY] China will launch a special action plan to speed up the digitalization process of State-owned enterprises, with more breakthroughs in core technologies, said an official during the fourth Digital China Summit in Fuzhou, the capital of Fujian province. SOEs will accelerate and deepen their digital transformation and create a model of the digital transformation, Weng Jieming, vice-chairman of the State-owned Assets Supervision and Administration Commission of the State Council, said on Sunday at the summit. ....
Opinion: Three cheers for Andrew Little s health reforms 27 Apr, 2021 05:00 PM 4 minutes to read Health Minister Andrew Little announcing the Government s health reforms at Parliament. Photo / NZME Northern Advocate By: Wayne Brown Three cheers for Andrew Little, a government minister who has actually decided to govern as if they do have a big majority. Let s hope he sparks a flurry of activity from his fellow cabinet ministers in other areas needing bold moves, and there are plenty of candidates, Transport, Housing, Electricity, MBIE and the SOEs to start with. I ve had plenty of experience with health bureaucracies having been parachuted in to fix Northland Health, get Auckland City Hospital up and running and as a commissioner to fix Tairāwhiti DHB in Gisborne, so I ve experienced appointed boards, elected boards and no boards and I can tell you that no boards works best. ....
Plans afoot to aid fortunes of state-owned enterprises 11:00 | 16/04/2021 Acall has been made for Vietnam to revise the regulations on the management and use of state capital in enterprises to create state-owned groups that can operate more effectively and contribute more to national economic development in line with the direction of the 13th National Party Congress. The plan to reshape SOEs like Saigon Newport Corporation into future leaders of their respective sectors will include 17 such corporations. Photo: Le Toan With the new government cabinet taking shape last week, the Ministry of Financeâs Corporate Finance Department (CFD) is making a new plan to offer a helping hand to state-owned enterprises (SOEs) in 2021 and beyond, before submitting it to the government for approval. ....
Parastatals in crisis and in need of interventions Sandile Zungu > By Sandile Zungu - 13 April 2021 - 08:01 It s time we talked about the state of our state-owned enterprises (SOEs). The past two months have been especially depressing to the transformation project in our country. A month ago, Basani Maluleke, the chief executive of the African Bank, inexplicably walked out of her job after stabilising the distressed bank, and placing it on a growth path. As this sordid saga was unfolding, another seasoned black African executive, Tryphosa Ramano, was on her way out of her job as chief financial officer, with a toxic narrative running about her departure terms including a standard payout to fund her gardening leave (restraint of trade). This is normally given to many white male CEOs and CFOs, raising the question why it was deemed relevant to mention it when it comes to her. ....