1/ Popo Molefe has shaken things up. ANC National Chair and Deputy SG blame the Chair of the Board- his responsibility to clean the filth at Transnet. Progress in a way, they acknowledge that corruption indeed took place. But ...
2\\ They have no clue about SOE Governance and how it work or doesn't. Power lies with the Shareholder Reprsentative who is the Minister, a political appointment. Hence the chopping and changing at Cabinet level to find someone to do the bidding of the capturers. Means that ...
3/ The Minister can undermine the Chair by suporting the CEO, also a political appointee in a way. A compliant Chair can also undermine the CEO through the Minister. Hence the Presidential Review of SOE Governance in 2013. Recommendations there to deal exactly with that. But ...
4/ Never implemented for obvious reasons. Would ensure Board autonomy in steering SOEs and appointing CEOs, anathema to state capture. Seven years down the line and the National Chair and Deputy SG still have not read the document. Maybe, they don't want to know its contents.
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