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In South Africa the Department of Public Enterprises is the shareholder representative of the South African Government [1] with oversight responsibility for state-owned enterprises in key sectors. Some companies are not directly controlled by the Department of Public Enterprises, but by various other departments.
South Africa is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the world's 24th-most populous nation. The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa ...
Logos of state-owned enterprises of South Africa (17 F) D. Denel (1 C, 35 P) S. ... Transnet (11 P) Pages in category "Government-owned companies of South Africa"
As of 2011, 35% of business activity and 43% of profits in the People's Republic of China resulted from companies in which the state owned a majority interest. Critics, such as The New York Times , have alleged that China's state-owned companies are a vehicle for corruption by the families of ruling party leaders who have sometimes amassed ...
The Public Investment Corporation (PIC) is a South African state-owned entity (SOC [1]) with R2.548 trillion (USD 148 Billion) of assets under management as of 31 March 2022. [2] It is Africa's largest asset manager. [3]
Other corporate entities not under the Department of Public Enterprises include the South African Post Office, the South African Broadcasting Corporation, the South African Bureau of Standards, the Council for Scientific and Industrial Research and Sentech. Various other smaller state-owned companies exist in South Africa.
Eskom represents South Africa in the Southern African Power Pool. The utility is the largest producer of electricity in Africa, [2] [3] and was among the top utilities in the world in terms of generation capacity and sales. It is the largest of South Africa's state owned enterprises.
The types of companies provided for and regulated by the new Act are set out in sections 8 and 11(3)(c). Broadly speaking, they comprise external companies, non-profit companies and profit companies, in which last are included state-owned companies, private companies, personal liability companies and public companies.