A delegation from Treasury and Public Enterprises met with banks to ask for their help in fixing embattled SOEs.
The IDC's black industrialists' programme is funding an array of established businessmen, executives and the politically connected.
'The real test for Ramaphosa’s presidency is how he will respond to the immediate pressing needs.'
Pravin Gordhan says the total cost of state capture must still be quantified.
This is what MPs will put to Deputy President David Mabuza in Parliament on Wednesday.
New board changes are in the pipeline, while steps to turn around SOEs will be announced in the coming weeks, says Gordhan.
MPs were not impressed by the former SAA boss' delaying tactics via SMS to duck their investigation into possible criminality at the parastatal.
"It's a daunting role but there is so much opportunity there. The institution is one of our treasures."
“I have a sense that we need to rethink the company. I’m not saying we have to privatise.”
Irregular expenditure in state-owned enterprises has ballooned.