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The organisation has its origins in 1911, with the passing of the Public Debt Commissioners Act of 1911, a year after the formation of the Union of South Africa. [4]: 3 Known then as the Public Debt Commissioners, it would manage the government's debt, investing the government and South African Railways and Harbours trust funds and by 1924 had taken on the provincial administrators funds as well.
Public corporation may refer to: . Government-owned corporation; Public company, i.e. a limited liability company that offers its securities for sale to the public; Statutory corporation, i.e. a corporation created by statute that is owned in part or in whole by a government, such as municipal councils, bar councils, universities)
In South Africa the Department of Public Enterprises is the shareholder representative of the South African Government [1] with oversight responsibility for state-owned enterprises in key sectors. Some companies are not directly controlled by the Department of Public Enterprises, but by various other departments.
As of 2017 there were a total of 97 state-owned enterprises, also called public enterprises, in Namibia. 18 of the public enterprises are profit-driven and fall under the Ministry of Public Enterprises established in March 2015. Leon Jooste heads this ministry. [1]
A semi-presidential republic is a government system with power divided between a president as head of state and a prime minister as head of government, used in countries like France, Portugal, and Egypt. The president, elected by the people, symbolizes national unity and foreign policy while the prime minister is appointed by the president or ...
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The Government of South Africa, or South African Government, is the national government of the Republic of South Africa, a parliamentary republic with a three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa.
Telkom SA SOC Limited is a South African wireline and wireless telecommunications provider, operating in more than 38 countries across the African continent.Telkom is majority state-owned (55.3%) with the South African government owning 40.5% of Telkom, while another 14.8% is owned by another state-owned company - the Public Investment Corporation (PIC), which is closely linked to the South ...