Governance lessons learned from the Eskom crisis.

--:--
In this opinion piece, Nelson Mandela University Infrastructure Development & Engagement Unit associate Bongani Mankewu writes that an Industrial Council Body needs to be enacted into law for the appointment of boards of directors at State-owned enterprises (SOEs) and the monitoring of the Industrial Development Programme.
South Africa's Eskom crisis illustrates the detrimental impact of the vested interests of the various stakeholders in the governance ecosystem of SOEs. The vested interests enhance the negation of South Africa's development being primarily driven by infrastructure - power, transportation, telecommunications, water, and sanitation.
28 Sep 2022 6AM English South Africa Business News · Investing

Other recent episodes

PIVOT POINT – Schalk Malan, CEO of BrightRock

Schalk is a qualified actuary and the main architect behind our BrightRock insurance. He has worked in the financial services industry for over 15 years. He’s regularly invited to speak internationally about BrightRock’s unique, human-centric product design.
18 Apr 2PM 37 min

Why Cinema has struggled to recover post Covid-19

GUEST – Onke Dumeko, NFVF Head of Operation The SA Film industry contributed R7.2 Billion in 2019, this dropped to R2.9 billion in 2020 due to Covid-19. KAYABiz host, Gugulethu Mfuphi investigates whether the sector recovered.
18 Apr 2PM 17 min

Canal+ increases its stake in MultiChoice to 40.8%.

GUEST – Mudiwa Gavaza - business writer for the Business Day and Financial Mail Canal+ has disclosed that it has bought even more shares in South Africa’s MultiChoice Group in recent days, taking its shareholding closer to the 50% mark. In a regulatory filing with the JSE on Thursday, Canal+…
18 Apr 2PM 20 min

How do you reward a multi-generational workforce?

GUEST – Deon Smit, ExCo Member at the South African Reward Association (SARA) and Master Reward Specialist. Managing expectations in the workplace is challenging, even more so when faced with the career aspirations of four different generations in one organisation or even one team. Employees are living longer and want…
17 Apr 2PM 16 min