The vision of the Department of Public Enterprises (DPE) is to drive investment, productivity and transformation in the Department’s portfolio of State-Owned Companies (SOCs), their customers and suppliers so as to unlock growth, drive industrialisation, create jobs and develop skills.
State-owned companies are strategic instruments of industrial policy and core players in the new growth path. The Department aims to provide decisive strategic direction to SOCs, so that their businesses are aligned with the national growth strategies arising out of the new growth path.
The Department will do this by ensuring that their planning and performance, and investments and activities are in line with the government’s medium-term strategic framework and the Minister’s service delivery agreement.
Over the medium term, the Department will focus on achieving the following outputs: improving the delivery and maintenance of infrastructure and monitoring the roll-out of the Transnet and Eskom build programmes; achieving policy and regulatory clarity in sectors in which SOCs operate; improving operational efficiencies of SOCs, particularly in relation to the reliable delivery of rail and ports services and the reliable generation, distribution and transmission of electricity; and developing operational indicators for each of the required sub-outputs identified as part of the delivery agreement and, where necessary, including these shareholder contracts concluded within SOCs.
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