DPE has oversight responsibility in full or in part for six of the approximately 700 SOEs that exist at the national, provincial, and local levels: Alexkor (diamonds), Denel (military equipment), Eskom (electricity generation), Transnet (railway transport and pipelines) South African Express, South African Forestry Company (SAFCOL) (forestry), South African Broadcasting Corporation.
The states share of the investment was 21% while private enterprise contributed 63% (government spending made up the remainder of 16%).
[2] Many state-owned firms were established during the apartheid era to counter the impact of international sanctions against the country.
[3] By 2007, an alliance of unions and leftist factions within the ANC had unseated President Thabo Mbeki, replacing him with Jacob Zuma.
Schedule 1 entities compromise Constitutional Institutions including the Independent Electoral Commission and Public Protector among others.