Transparency
Publication of Shareholder Compacts

Summary

Publishing shareholder compacts is being increasingly discussed but nothing substantive has come out of this.

Canvas not supported.

Is it working?

No action yet.

Actions

No evidence of any action.

Are there plans?

Nothing substantive.

Is it on the agenda?

Limited to conversations for now but gaining momentum.

Goals

None yet.

Summary

Little movement on this reform. Some entities have sporadically published shareholder compacts in the past but there is no coordinated push for all entities to publish these annually. Additionally, different SOEs publish different aspects of shareholder compacts in different ways. Eskom for example measures its performance against the shareholder compact KPIs in some of its financial statements.

Canvas not supported.

Is it working?

No action yet. There seems to be no appetite in government to ensure that the compacts are published yearly.

Actions

The Council for Scientific and Industrial Research is one of the few entities that consistently publishes shareholder compacts. No actions have been taken to get more entiteis to publish such compacts.

Are there plans?

There do not seem to be any plans towards ensuring that all SOEs shareholders' compacts are published annually.

Is it on the agenda?

Shareholder compacts were included in the Public Finance Management Act in 1999, which signalled intention to promote the objectives of good financial management and governance in public entities.

Goals

Publishing shareholder compacts aims to enhance transparency and accountability of state-owned entities/companies.

Summary

Little movement on this reform. Some entities have sporadically published shareholder compacts in the past but there is no coordinated push for all entities to publish these annually. Additionally, different SOEs publish different aspects of shareholder compacts in different ways. Eskom for example measures its performance against the shareholder compact KPIs in some of its financial statements.

Canvas not supported.

Is it working?

No action yet. There seems to be no appetite in government to ensure that the compacts are published yearly.

Actions

The Council for Scientific and Industrial Research is one of the few entities that consistently publishes shareholder compacts. No actions have been taken to get more entiteis to publish such compacts.

Are there plans?

There do not seem to be any plans towards ensuring that all SOEs shareholders' compacts are published annually.

Is it on the agenda?

Shareholder compacts were included in the Public Finance Management Act in 1999, which signalled intention to promote the objectives of good financial management and governance in public entities.

Goals

Publishing shareholder compacts aims to enhance transparency and accountability of state-owned entities/companies.

Summary

Publishing shareholder compacts is being inecreasingly discussed but nothing substantive has come out of this.

Canvas not supported.

Is it working?

No action yet.

Actions

No evidence of any action.

Are there plans?

Nothing substantive.

Is it on the agenda?

Limited to conversations for now but gaining momentum.

Goals

None yet.

Summary

Publishing shareholder compacts is being increasingly discussed but nothing substantive has come out of this.

Canvas not supported.

Is it working?

No action yet.

Actions

No evidence of any action.

Are there plans?

Nothing substantive.

Is it on the agenda?

Limited to conversations for now but gaining momentum.

Goals

None yet.

Summary

Publishing shareholder compacts is being increasingly discussed but nothing substantive has come out of this.

Canvas not supported.

Is it working?

No action yet.

Actions

No evidence of any action.

Are there plans?

Nothing substantive.

Is it on the agenda?

Limited to conversations for now but gaining momentum.

Goals

None yet.

Summary

Publishing shareholder compacts is being increasingly discussed but nothing substantive has come out of this.

Canvas not supported.

Is it working?

No action yet.

Actions

No evidence of any action.

Are there plans?

Nothing substantive.

Is it on the agenda?

Limited to conversations for now but gaining momentum.

Goals

None yet.

Analyst: Nduduzo Langa
Status: In progress
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