State-owned enterprises keep turnaround deadline

State-owned enterprises keep turnaround deadline
Published: 06 April 2018
State Owned Enterprises and Parastatals have complied with Government's March 31, 2018 deadline to submit their re-organisation and turnaround plans.

Government, through various line ministries, last year began evaluating SOEs under their purview as part of an exercise to identify entities that will be retained or disposed.

The initiative falls under the 100-day initiative set by President Emmerson Mnangagwa.

Office of the President and Cabinet deputy chief secretary Dr Ray Ndhlukula told the Business Weekly that the response from SOEs in submitting their re-organisation and turnaround strategies has been overwhelming.

He said the issue of state enterprise reform is still under discussion, while a comprehensive report is expected to be presented before Cabinet next week.
- Business Weekly
Tags: Deadline,

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