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State-owned enterprises play a significant role in the South African economy. In key sectors such as electricity, transport (air, rail, freight, and pipelines), and telecommunications, SOEs play a lead role, often defined by law, although limited competition is allowed in some sectors (i.e., telecommunications and air).
Logos of state-owned enterprises of South Africa (17 F) D. Denel (1 C, 35 P) S. South African Airways (1 C, 6 P, 1 F) T. Transnet (11 P)
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.
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 ...
President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief ...
Denel SOC Ltd is a South African state-owned aerospace and military technology conglomerate established in 1992. [3] It was created when the manufacturing subsidiaries of Armscor were split off in order for Armscor to become the procurement agency for the South African Defence Force (), now known as the South African National Defence Force (), and the manufacturing divisions were grouped ...
The South African Railways and Harbours was later renamed the South African Transport Services. [ 1 ] On 1 April 1990, Transnet was created to take over most of the operations of the SATS, with the exception of commuter rail which was transferred to the newly formed South African Rail Commuter Corporation (SARCC).
It is the largest of South Africa's state owned enterprises. Eskom operates a number of notable power stations, including Matimba Power Station and Medupi Power Station in Lephalale, Kusile Power Station in Witbank, Kendal Power Station, and Koeberg Nuclear Power Station in the Western Cape Province, the only nuclear power plant in Africa.