# South Africa plans to establish a new commission, chaired by president Cyril Ramaphosa, to coordinate and oversee state-owned companies. Minister in the Presidency Gwen Ramokgopa says the commission will review the national strategy for state firms, strengthen governance and monitoring, and coordinate restructuring to improve efficiency. The move follows the withdrawal of legislation proposing a state-owned holding company by the Department of Planning, Monitoring and Evaluation. Government says the commission could be established quickly. Reforms include guidelines on appointments, remuneration and restructuring.
Ramaphosa will chair new commission overseeing state firms