Kaya 959 Kaya Biz

Governance lessons learned from the Eskom crisis.

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In this opinion piece, Nelson Mandela University Infrastructure Development & Engagement Unit associate Bongani Mankewu writes that an Industrial Council Body needs to be enacted into law for the appointment of boards of directors at State-owned enterprises (SOEs) and the monitoring of the Industrial Development Programme.
South Africa's Eskom crisis illustrates the detrimental impact of the vested interests of the various stakeholders in the governance ecosystem of SOEs. The vested interests enhance the negation of South Africa's development being primarily driven by infrastructure - power, transportation, telecommunications, water, and sanitation.
28 Sep 2022 3AM English South Africa Business News · Investing

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