Public enterprises dept continues its downhill slide
The Department of Public Enterprises, under the leadership of Pravin Gordhan, failed to meet 42% of its targets for the 2022/2023 financial year. Presenting the department’s annual audit outcomes to Parliament, the Auditor-General of South Africa said this low achievement rate “directly links” to the stagnation seen in the performance of the state-owned entities under its control – particularly Transnet.