Chairperson, we support the Vote, but then the SOEs have the ability to fundamentally affect our country's economy and the wellbeing of our citizens. They have vast resources at their disposal in some of the biggest sectors of the economy, such as transport, arms and electricity.
Yet, with the failure of Denel and the state needing to inject R2 billion to keep it afloat and the failure by Eskom to adequately prepare for the growth in the demand for electricity, we have to ask whether monitoring by the Minister and the Department of Public Enterprises is both adequate and continuous. If this is the case, these SOEs would not have failed in their duty to the state and the South African public.
The IFP therefore calls on the Minister to ensure that the performance of the SOEs is closely monitored, so that they could benefit all South Africans. I thank you.