Chairperson, Cope supports the Budget Vote but would like to raise a few serious concerns for record purposes. The continual bailout of some state-owned entities such as SAA and Denel presents serious challenges to the credibility and workability of some of these business models. However, the general performance of the state-owned companies, SOCs, under the auspices of the department is poor.
Whilst the Minister has shown courage in tackling the huge salary structure packages of executives, we need to address the issue of remuneration across state-owned companies. Despite the move, the Minister has shown demonstrable leadership in addressing systems issues to address improved performances. We support this Budget Vote. Thank you.