By GRACE CHAILE LESOETSASTATE-OWNED Enterprises (SOEs) need to be evaluated on an annual basis to see whether they are running efficiently and cost effectively, economic analyst Yusuf Dodia has said.And the Economics Association of Zambia (EAZ) says quarterly and annual financial reports of all SOE must be made public for public scrutiny and proper corporate governance issues.In an interview, Mr Dodia, who is Public Sector Development Association, said a review should be done on an annual basis to assess the sustainability of SOEs especially that Government pumps in money.“It’s extremely important that all State-owned enterprises need to be evaluated on an annual basis to be able to see whether they are running efficiently and cost effectively. There some companies that you may find that they need to be restructured because they cannot be running in the best way possible.“Covid-19, exchange rate and cost of energy can play a part in the way these companies are running and it’s always […]
MONITOR STATE FIRMS – DODIA
