Hon Deputy Speaker, we must admit that the state- owned enterprises, SOEs, are a crisis. These SOEs continues to be a burden on our limited resources. The IFP believes that at the core of these challenges that are faced by the SOEs is the lack of moral and ethical leadership. We have long called for various entities to be transferred to their respective line function departments.
Hon Deputy Speaker, it makes no sense that Passenger Rail of SA, Prasa, reports at the Department of Transport, but the SA Airways, SAA, reports to the Minister of Public Enterprises.
State interventions in the SOEs must be minimum in ensuring that they are successful. Yes, there is a place for the state to create an enabling environment, but entities should be self-sufficient to be able to deliver on their core mandate. The IFP therefore supports this Bill to pool all in a hope that the Minister will deal decisively and urgently with all forms of grafts, maladministration and those who are accused of wrongdoing must be held to account. Thank you.