<P> The Department of Public Enterprises minister has publicly stated that South Africa 's SOEs should advance economic transformation , industrialization and import substitution . 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 ) , South African Express Airways , South African Forestry Company ( SAFCOL ) ( forestry ) , and Transnet ( transportation ) . These six SOEs employ approximately 105,000 people . The SOEs share of the investment was 21 % while private enterprise contributed 63 % ( government spending made up the remainder of 16 % ) . The IMF estimates that the debt of the SOEs would add 13.5 % to the overall national debt . </P>
<P> The Department of Public Enterprises minister has publicly stated that South Africa 's SOEs should advance economic transformation , industrialization and import substitution . 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 ) , South African Express Airways , South African Forestry Company ( SAFCOL ) ( forestry ) , and Transnet ( transportation ) . These six SOEs employ approximately 105,000 people . The SOEs share of the investment was 21 % while private enterprise contributed 63 % ( government spending made up the remainder of 16 % ) . The IMF estimates that the debt of the SOEs would add 13.5 % to the overall national debt . </P>
how many state owned enterprises in south africa
how many state owned enterprises in south africa
approximately 700
approximately 700