Chair, in response to the hon Van Dyk's question about state-owned enterprises, SOEs, I'm sure we all share a concern about the viability of those SOEs because they are central to the economy. They are in fact the engines of our economy. Not only myself, but every party - and yes, I include Blade Nzimande - and all of us here share that concern very much.
Where I think I have problems, though, is where we simply say privatisation is the answer to any of the problems in the SOEs. That is not going to help us. I can refer to Denel, where we did privatise one of the business units. This was with a very, very good international partner, and it has been a hopeless failure. We now have to cancel the contract because it was a hopeless failure. So, we have to look at every specific issue of the SOEs.
Furthermore, let me say that this is a bad environment because we are in an economic downturn. We are seeing failures of companies in the private sector. We are seeing failures of companies in the public sectors simply because revenues are falling. So, this is a very bad time to assess the viability of SOEs.
Finally, I think we must get beyond just the debate about privatisation or not. I think we need to look at the strategic values of these companies. Look at a company like Denel. Some of its companies are not performing well. But if you look at the strategic value of concentrating 445 engineers with advanced manufacturing capability, one has to start looking at the other benefits that these companies provide to the economy. So, I look forward to an interesting debate on the future of SOEs. [Applause.]