The aim 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.
The 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 the SOCs, so that their businesses are aligned with the national growth strategies arising out of the New Growth Path. It will do this by ensuring that their planning, performance, investments and activities, are in line with Government medium term strategic framework and the Minister’s service delivery agreement.
In relation to Government’s 12 outcomes, the Department of Public Enterprises is contributing directly to creating an efficient, competitive and responsive economic infrastructure network, which forms the basis of the Minister’s service delivery agreement.
We must dare to be brave even in challenging times.
We must deliver work that reflects a professional level of care and skill.
This must be expressed in how we watch over and support the Department’s people.
We must do the right thing irrespective of implications.
Create an environment where people look forward to coming to work.
We are out to make the South African economy competitive. This requires passion.
guide our engagement with clients and other stakeholders.
South African Express Airways (SA Express)
South African Airways (SAA)
SOCs have a crucial role to play in advancing economic growth, since they are responsible for the development of key infrastructure and manufacturing capacity for South Africa.
Infrastructure investments are a core part of the accelerated growth strategy, and SOCs are implementing comprehensive investment programmes to ensure that significant and sustained opportunities for investment are created.
In 1994, the Office of Public Enterprises was established to champion and direct the restructuring of State Owned Companies (SOC), ensuring their optimal economic and developmental impact.
A Cabinet decision was taken in 1999, to accelerate the restructuring of State-Owned Enterprises. To this end, Minister Jeff Radebe made a presentation for the upgrading and re-designation of the Department of Public Enterprises (DPE) as a National Government Department.
Today the DPE is the established shareholder representative for government with oversight responsibility for key seven SOCs, playing a crucial role in the development of the economy.