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NATIONAL STATE ENTERPRISES BILL: PARLIAMENT’S PUBLIC PARTICIPATION PROCESS BEGINS
- 17 December 2024
- State Owned Enterprises
- SA Legal Academy
Please note: Only on 6 January 2025 did Parliament post the committee notice on its official website.
The National Assembly’s Planning, Monitoring & Evaluation Committee has called for written submissions by 14 February 2025 on the National State Enterprises Bill. This is according to a notice posted on the Parliamentary Monitoring Group (PMG) website.
Tabled in January 2024, the Bill seeks to provide for the establishment of a state-owned holding company (SOC) as the centralised shareholder of subsidiary SOCs. This is expected to ensure that:
- the operations of subsidiary SOCs are ‘politically insulated, professionalised and transparent’
- SOCs advance South Africa’s socio-economic objectives by preserving and growing ‘the long-term value of national assets for the benefit of all citizens and future generations’, and that
- the value of investments in selected SOCs is increased.
At the time of writing, the notice had yet to be published on Parliament’s website.
Published by SA Legal Academy Policy Watch
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