Give SOEs a chance – Ramaphosa
Give state-owned enterprises (SOEs) a chance, and stop rubbishing them, Deputy President Cyril Ramaphosa pleaded in Parliament on Wednesday.
Addressing a question on the state of the South African Post Office, Ramaphosa said the SOE was on a journey to something admirable.
He called for Members of Parliament to give the Post Office an opportunity to grow.
"Let’s not be negative. Rather than rubbish the Post Office and indeed other state owned enterprises, let us give them the opportunity and wish them well on this journey because they are now taking beautiful steps to make sure that they reposition our Post Office," he said.
Minimum wage
Making an example Eskom’s profitability, he said they were determined to make sure that all SOEs worked efficiently and profitably.
Ramaphosa said it was not a joy for the government either to have these SOEs continuously going to the fiscus for funds.
The deputy president also answered questions on racism in the country, the privatisation of SOEs, as well as the introduction of a minimum wage.
He was asked by the Economic Freedom Fighters about when the matter of a minimum wage would be completed, and if the party was siding with business on the matter.
Ramaphosa said deliberations were underway and talks were on an advanced stage.
"We are working frantically to try and reach agreement on the level. Minimum wage needs to be set at a level that makes a difference in the lives of the lowest paid workers in our country while ensuring that economic growth and job creation is sustained."
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation