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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.
Public sector undertaking (PSU) – Alternatively known as Public Sector Enterprise (PSE). It may be a public limited company listed on stock exchanges with a major ownership by a state government, central government, or local government, or it may be an unlisted entity with a major ownership by a state government, central Government, or local ...
New Zealanders commonly refer to their state-owned enterprises as "SOEs", or as "crown entities". Local government councils and similar authorities also set up locally controlled enterprises, such as water-supply companies and "local-authority trading enterprises" (LATEs) as separate corporations or as business units of the councils concerned.
A state-owned company is a new form of a company which was introduced by and must be registered in terms of the 2008 Act, and which either falls within the meaning of "state-owned enterprise," in terms of the Public Finance Management Act, [11] or is owned by a municipality, as contemplated in the Local Government: Municipal Systems Act, [12 ...
Holding company, steel, steel trading, other heavy industry argent.co.za: AWA Arrowhead Properties Limited: Property loan stock company holding a diverse portfolio of retail, industrial and commercial buildings in secondary locations throughout South Africa arrowheadproperties.co.za: APN Aspen Pharmacare Holdings Limited
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
It is estimated that South Africa has about 300 SoEs, nine of which fall under the responsibility of the DPE; [3] Alexkor – Mining sector (diamond mining) Denel – Aerospace and Defence sector (armaments manufacturer) Eskom – Energy sector (national electricity utility) South African Express – Transport sector (regional and feeder airline)
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.