GOVERNMENT is stepping up efforts to resuscitate ailing parastatals by seeking partnerships with leading South African state-owned enterprises following four-day inter-governmental meetings in Pretoria last week.State Enterprises and Parastatals minister Gorden Moyo, who headed the Zimbabwean delegation, told the Zimbabwe Independent government indicated it wanted joint ventures with Transnet, South African Airways (SAA) and Eskom during meetings with South African Public Enterprises minister Malusi Gigaba and his officials.
Transnet operates and controls major transport infrastructure in SA which include the National Ports Authority, Transnet Rail Engineering, Transnet Pipelines and Transnet Freight Rail. Eskom is the South African power utility company.
Transnet is embarking on a massive R300 billion infrastructural development programme aimed at assisting the South African industrial sector to increase exports to the rest of the world and grow the economy.
“South African state enterprises are interested in investing in Zimbabwe and we have singled out Eskom, SAA and Transnet for joint ventures with their Zimbabwean counterparts because they are key levers in the South African economy,” said Moyo.
Moyo’s delegation toured SAA offices and facilities at OR Tambo International Airport in Johannesburg on the second day of their visit and also held meetings with the airline’s top management.
Moyo said they had also explored areas of mutual co-operation in the areas of privatisation, restructuring and management of state enterprises. His ministry has produced a manual to serve as a guide for line ministries in re-structuring of state enterpries.
Transnet is earmarked to partner with the National Railways of Zimbabwe in reviving the rail infrastructure while SAA and Eskom would partner with Air Zimbabwe and Zesa, respectively.
“We are working together with the relevant ministries and when our South African counterparts come, their officials will also meet with the line ministries responsible for the relevant state enterprises,” Moyo said.