Cwele: SOE cost-cutting plan under way

The department of telecommunications and postal services has started to accelerate the rationalisation of state-owned entities (SOEs) to save money. Minster Siyabonga Cwele on Tuesday said that the programme to rationalise SOEs was under way to limit the duplication of work among various entities. Cwele's department looks over state-owned companies such as the South African Post Office (Sapo), connectivity firm Broadband Infraco and signal provider Sentech. “What was actually driving this ...