The programme is responsible for aligning the corporate strategies of state- owned companies with government's strategic intent whilst also monitoring and benchmarking their financial and operational performance and capital investment plans. The programme also aligns shareholder oversight with overarching government economic, social and environmental policies, and builds focused strategic partnerships between state-owned companies, strategic customers, suppliers and financial institutions. The programme expenditure for the 2012/13 financial year is expected to be R1.17 billion, mainly due to two capital transfers to Denel and Alexkor. This programme is as a result of the programme restructuring that has taken place in the department. It has about five sub-programmes namely, Energy and Broadband Enterprises, Manufacturing Enterprises, Transport Enterprises, Economic Impact and Policy Alignment and Strategic Partnership. Key priorities for this programme are subsumed in the following sub-programmes: