South Africa State-Owned Enterprises (SOE) Report 2022: Over the Past 2 Decades, Government has Spent More than R308bn Bailing Out and Recapitalising SOEs

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Dublin, Jan. 20, 2023 (GLOBE NEWSWIRE) -- The "State-Owned Enterprises in South Africa 2022" report has been added to ResearchAndMarkets.com's offering.

This report on state-owned companies in South Africa includes information on the SOE sector as a whole and major SOEs such as Eskom, Transnet, SAA, Denel and the Post Office. It includes information on the state of SOEs and their effect on the fiscus and the economy, state capture and corruption, government guarantees and support and regulations.

State-owned enterprises (SOEs) play a critical role in South Africa's economy as they are responsible for providing the infrastructure and services on which the economy depends. This includes the generation of electricity, water provision, freight logistics, commuter transport and telecommunications. Instead of being at the forefront of economic and social transformation, most SOEs have been associated with state capture, financial mismanagement and major governance failures due to weak accountability and inefficiency.

There are profiles of 24 companies including the major SOEs mentioned above and others such as Airports Company South Africa, the Passenger Rail Agency, state-owned funding institutions such as the Industrial Development Corporation and the Land Bank and regulators such as the Financial Sector Conduct Authority.

Some of the country's biggest and most important state-owned companies have not met their mandates due to underperformance and require regular bailouts from government. Over the past two decades, government has spent more than R308bn bailing out and recapitalising SOEs.

Key Issues

Most SOEs are relying on government bailouts to stay afloat and nearly all are unable to operate effectively and are a threat to the economy as they are not financially viable and failing at maintaining the infrastructure they are responsible for. Corruption and irregular and wasteful expenditure continue, as there is lack of accountability and no measures to counter corruption and mismanagement.

Political appointments of boards and senior management, outside internationally-accepted corporate governance rules, have severely impacted procurement practices and company performance. Most SOE boards lack industry-appropriate skills, professionals, and diversity.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry

3. LOCAL
3.1. State of the Industry
3.2. Key Issues
3.3. Corporate Actions
3.4. Regulations
3.5. Enterprise Development and Social Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. State Capture and Corruption
6.2. Economic Environment
6.3. Government Guarantees and Support
6.4. Labour
6.5. Environmental Issues

7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry

8. SWOT ANALYSIS

9. OUTLOOK

10. REFERENCES
10.1. Publications
10.2. Websites

  • Appendix

  • Summary of Notable Players

Company Profiles

  • Air Traffic and Navigation Services Company Ltd

  • Airports Company South Africa SOC Ltd

  • Alexkor SOC Ltd

  • Armaments Corporation of South Africa SOC Ltd

  • Broadband Infraco SOC Ltd

  • Denel SOC Ltd

  • Development Bank of Southern Africa

  • Eskom Holdings SOC Ltd

  • Financial Sector Conduct Authority

  • Independent Development Trust

  • Industrial Development Corporation of South Africa Ltd

  • Land and Agricultural Development Bank of South Africa

  • Passenger Rail Agency of South Africa

  • Petroleum Oil and Gas Corporation of South Africa SOC Ltd (The)

  • Sasria SOC Ltd

  • SEF SOC Ltd

  • South African Broadcasting Corporation SOC Ltd

  • South African Forestry Company SOC Ltd

  • South African Nuclear Energy Corporation SOC Ltd (The)

  • South African Weather Service

  • Suid-Afrikaanse Poskantoor SOC Ltd

  • Telkom SA SOC Ltd

  • Trans-Caledon Tunnel Authority

  • Transnet SOC Ltd

For more information about this report visit https://www.researchandmarkets.com/r/i9b8mw

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