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
[LISTEN] ANC Tshwane says it has documented proof of corruption in the metro

[LISTEN] ANC Tshwane says it has documented proof of corruption in the metro

The Tshwane ANC says it has evidence that Mayor Solly Msimanga is central to several irregular appointments in his administration.

Pieter-Dirk Uys gets serious about money (‘Evita is my pension!’)

Pieter-Dirk Uys gets serious about money (‘Evita is my pension!’)

The Money Show’s Bruce Whitfield interviews Uys about his attitude toward money (hopes and fears, successes and failures, etc.).

'Almost alcoholics' - the blurred lines between social drinking and alcoholism

'Almost alcoholics' - the blurred lines between social drinking and alcoholism

Sobriety advocate Janet Gourand explains the differences between the social drinker and an almost alcoholic.

[LISTEN] White callers debate privilege and response to apartheid

[LISTEN] White callers debate privilege and response to apartheid

Two white callers, Matt and Stephanie, disagreed on how white people should respond to apartheid as Eusebius McKaiser facilitated.

More than 30% of students go hungry

More than 30% of students go hungry

Dr Stephen Devereux says a large number of black students are more vulnerable than their white counterparts.

[WATCH] Safari that could have gone horribly wrong as buffalo charges vehicle

[WATCH] Safari that could have gone horribly wrong as buffalo charges vehicle

Khabazela shares some tweets, Facebook posts and videos that have gone viral.

[WATCH] Is it a cow's penis or an udder? Well, this kid thinks it's a penis

[WATCH] Is it a cow's penis or an udder? Well, this kid thinks it's a penis

Check out the videos, tweets, Facebook posts that have gone viral and why this kid cheered her dad on in the toilet.