Drive investment, productivity and transformation in the department’s
portfolio of state owned companies to unlock growth, drive industrialisation,
create jobs and develop skills.
The mandate of the Department of Public Enterprises is to ensure that the
state owned companies in its portfolio are directed to serve government’s
strategic objectives, as articulated in the national development plan, the new
growth path and the industrial policy action plan. In the current economic
climate, state owned companies have emerged as key instruments for the state
to drive its developmental objectives of creating jobs, and for enhancing
equity and transformation.
The state owned companies in the department’s portfolio form the cornerstone
of the economy and their capacity must be strategically utilised to support
the delivery of the national development plan’s outcomes, making the
strengthening of oversight tools for the state owned companies crucial to
socioeconomic transformation. The department does not directly execute
programmes but seeks to leverage off state ownership in the economy to support
the delivery of key outcomes outlined in the national development plan and
government’s 2014-2019 medium term strategic framework.
The Estimates of National Expenditure (ENE) sets out the detailed spending plans of each government department for the coming year.
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