Public Enterprises

National Department Budget for 2018-19

Vote purpose

Drive investment, productivity and transformation in the department’s portfolio of state-owned companies to unlock growth, drive industrialisation, create jobs and develop skills.

Mandate

The Department of Public Enterprises is government’s shareholder representative for the state-owned companies in its portfolio. The department’s mandate is to fulfil oversight responsibilities at these state-owned companies to ensure that they contribute to the realisation of government’s strategic objectives, as articulated in the National Development Plan (NDP), government’s 2014-2019 medium-term strategic framework, the new growth path and the industrial policy action plan. State-owned companies are crucial to driving the state’s strategic objectives of creating jobs, and enhancing equity and transformation. The department does not directly execute programmes but seeks to use state ownership in the economy to support the achievement of these objectives.

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