About

OUR HISTORY

The Office of Public Enterprises (OPE) was established in 1994 to champion and direct the restructuring of State-Owned Companies (SOCs) and to ensure their optimal economic and developmental impact. A Cabinet decision was taken in 1999 to accelerate the restructuring of State-Owned Enterprises (SOEs) and the OPE was upgraded and re-designated as the Department of Public Enterprises (DPE) – a National Government Department.

 

The DPE is the shareholder representative for Government and is mandated by the Executive to oversee a number of SOCs that operate in core sectors of the economy like Mining, Defence, Energy, Logistics and others. Of these, two (SAA and SA EXPRESS) are currently in Business Rescue and consequently strategically de-emphasised until the outcomes of the Business Rescue processes are known. The DPE is the primary interface between Government and the SOCs concerned and, in addition to oversight, provides input to the formulation of policy, legislation and regulation.

OUR VISION

Our vision has been amended to better reflect our core purpose in terms of our dual mandate:

To create an enabling environment in which SOCs add real economic value by focussing on operational excellence, commercial viability and fiscal prudence. This will drive developmental objectives, industrialisation, job creation and skills development.

OUR MISSION

To provide clear strategic direction and oversight to the Department’s SOCs, seeking to ensure that:

  • They are financially sustainable, adequately funded and operationally robust;
  • Their operating models keep pace with global development and innovation;
  • They provide reliable, high-quality and cost-effective services and infrastructure to industry and our citizens;
  • They secure investment and funding for strategic industrial development; and
  • They align with national developmental objectives.

OUR VALUES

Trusting

Having confidence in the character, ability, strength and commitment of each other

Enabling

Fostering an environment that supports our people, our economy and our nation

Caring

Treating employees and others with concern, kindness and empathy

Leading

Providing clear direction, guidance and forward thinking

Transparent

Ensuring visibility and accessibility of information relating to our business practices

CONSTITUTIONAL MANDATE

 

The DPE undertakes shareholder oversight for Government and is currently instructed by the Executive Authority to oversee core strategic State-Owned Companies. DPE is the primary interface between Government and the SOCs concerned and provides input into the formulation of policy, legislation and regulation. Currently the DPE does not have a legislated constitutional mandate. The DPE is recognised as a Government department through Proclamation No. 82 of 1999.

THE DEPARTMENT OF PUBLIC ENTERPRISES IS THE SHAREHOLDER REPRESENTATIVE FOR GOVERNMENT WITH OVERSIGHT RESPONSIBILITY FOR THE FOLLOWING STATE OWNED COMPANIES:
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ENERGY AND RESOURCES

Eskom
Alexkor
SAFCOL

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TRANSPORT AND DEFENCE

South African Express Airways (SA Express)
South African Airways (SAA)
Transnet
Denel