President Cyril Ramaphosa has announced that the composition of the Presidential State-owned Enterprise (SoE) Council, whose establishment has been approved by Cabinet, will be split between Ministers, as well as business people, experts and stakeholders. Speaking in Parliament during the debate on The Presidency’s Budget vote the President said the council would oversee interventions to strengthen governance, address immediate liquidity challenges, implement turnaround strategies, investigate allegations of corruption and take steps against those implicated.