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How SOCs are making a difference, POLITICSWEB.CO.ZA

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By Malusi Gigaba



Minister says Transnet steadily improving operational efficiency (Apr 12)

Remarks by Minister of Public Enterprises, Mr Malusi Gigaba, MP, at The New Age-SABC Business briefing in Sandton, Johannesburg

12 Apr 2012

Last year I announced a new vision for the Department of Public Enterprises (DPE), with a strong emphasis on driving investment, productivity and transformation in our portfolio of State-Owned Companies (SOC) and their customers and suppliers, so as to unlock growth, drive industrialisation, create jobs and develop skills.

This morning, I will provide you with some of the concrete initiatives undertaken by both the SOCs and the department to turn this vision into a reality.

In the Transnet Market Demand Strategy, we are beginning to see results from an approach to planning based on what is required to unlock growth, rather than what the balance sheet can afford.

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