Today's Big Stories

What SA can learn from China about managing state-owned enterprises

South African Airways, Eskom, Transnet and other underperforming parastatals could be whipped into shape in the near future.

This after Deputy President Cyril Ramaphosa said that Chinese executors would come to South Africa to help share advice on how to effectively run state-owned enterprises (SOEs).

(Also read our article: Ramaphosa praises Chinese parastatals in Parly, but dodges visa law tensions)

Financial journalists claim that the success of many of China's SOEs is partly due to the reform of their shareholding system.

Dr Iraj Abedian, veteran economist and CEO of Pan African Holdings says that South African needs to extensively study SOEs and strategic investors.

There is definitely a lot to learn from Chinese governance structures. But the question is whether we are ready in South Africa, to move with the speed and comprehensiveness that our SOEs need so desperately.

Dr Iraj Abedian, CEO of Pan African Holdings

According to Abedian, South Africa needs to change the way they approach their strategic objectives. He says that policies should be refined as they are implemented in our SOEs.

Abedian says that though China is successful in their governance structures, South Africa must separate political motives and effective implementation.

Listen to the full conversation, with Pippa Hudson standing in, on CapeTalk's Breakfast with Kieno Kammies:


Recommended

by NEWSROOM AI
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

Ramaphosa praises Chinese parastatals in Parly, but dodges visa law tensions

Ramaphosa praises Chinese parastatals in Parly, but dodges visa law tensions

EWN's parliamentary correspondent Gaye Davis says Deputy president Cyril Ramaphosa had a split response in the National Assembly.

'Mandarin roll out in SA public schools a snub to African languages'

'Mandarin roll out in SA public schools a snub to African languages'

SA state schools will introduce Mandarin in 2016 but some are concerned this will further make African tongues a lesser priority.

5 things that’ll happen in South Africa due to China’s currency devaluation

5 things that’ll happen in South Africa due to China’s currency devaluation

You will notice the effect of China’s currency devaluation, says Chris Hart, Chief Strategist at Investment Solutions.

What China’s currency devaluation means for South Africa

What China’s currency devaluation means for South Africa

China's central bank has devalued its currency. Here’s what it means for South Africa…

Popular articles
Idols judge Unathi Nkayi gets intimate - opens up about money, beliefs about it

Idols judge Unathi Nkayi gets intimate - opens up about money, beliefs about it

The Money Show’s Bruce Whitfield interviews Nkayi about her attitude to money (hopes and fears, successes and failures, etc.).

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

'The VhaVenda King is very pained by what happened to VBS and people's money'

'The VhaVenda King is very pained by what happened to VBS and people's money'

The VhaVenda King's spokesperson Mathivha Makonde says the King is calling on authorities to help him correct the wrong.

Journos provide fresh insights into the latest on state capture inquiry

Journos provide fresh insights into the latest on state capture inquiry

Journalists Karyn Maughan and Erin Bates provide insights into the state capture inquiry.

It seems that the media is pushing a certain agenda with VBS  - caller

It seems that the media is pushing a certain agenda with VBS - caller

Callers continue to share their thoughts on the VBS Bank Heist with host Sizwe Mpofu- Walsh.

C-section births have nearly double since 2000 - study

C-section births have nearly double since 2000 - study

Professor Justus Hofmeyr says there are a number of reasons why the number of c-sections has doubled.