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State-owned Enterprises in Southern Africa: A Stocktaking of Reforms and Challenges


  • Sara Sultan Balbuena



This report is the first known stocktaking of its kind to provide a regional overview of state-owned enterprise (SOE) governance reforms and challenges across the Southern African Development Community (SADC) region. Part One summarises the challenges and governance practices related to state-ownership across SADC economies; it draws conclusions on how to address common regional priorities. Part Two of the report is organised around country profiles providing a fact-based assessment of SOE reform policies and practices in 14 economies. The report was prepared at the request of the Southern Africa Network on Governance of State-Owned Enterprises – a regional cooperation initiative aimed at improving the corporate governance of SOEs, and mainly covering the member economies of the SADC region. The stocktaking was prepared based on information self-reported by authorities in participating economies and supplemented by desk research.

Suggested Citation

  • Sara Sultan Balbuena, 2014. "State-owned Enterprises in Southern Africa: A Stocktaking of Reforms and Challenges," OECD Corporate Governance Working Papers 13, OECD Publishing.
  • Handle: RePEc:oec:dafaae:13-en
    DOI: 10.1787/5jzb5zntk5r8-en

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    Cited by:

    1. Christopher P.P. Shafuda & Rainer Lenz & Matthew Mirecki, 2020. "Corporate Governance of SOEs and Compliance With the SOE Governance Act in Namibia: A Survey," Journal of Public Administration and Governance, Macrothink Institute, vol. 10(4), pages 219249-2192, December.
    2. Misheck Mutize & Ejigayhu Tefera, 2020. "The Governance of State-Owned Enterprises in Africa: an analysis of selected cases," Journal of Economics and Behavioral Studies, AMH International, vol. 12(2), pages 9-16.
    3. Adeyemi Adebayo, 2022. "What Do State-Owned Development Financial Institutions (Sodfis) In South Africa Do?," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 67(235), pages 123-152, October –.
    4. de Moraes Achcar, Helena, 2022. "South-South cooperation and the re-politicization of development in health," World Development, Elsevier, vol. 149(C).
    5. F. K. L. Kgobe & K. R. Chauke, 2021. "Ethical leadership and public accountability: Problematiques of South Africa's State-Owned Enterprises," Technium Social Sciences Journal, Technium Science, vol. 26(1), pages 43-53, Decembrie.

    More about this item


    corporate governance; financial economics; government policy and regulation; merger and acquisition; restructuring;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

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