This report from Meridian Economics to the Presidential State Owned Enterprises Review Committee analyses the impact of economic regulation on South African SOEs in the energy, transport, and communications sectors. The report details problems with economic regulation, such as inconsistent regulatory frameworks, unpredictable decisions, and high tariffs. It then provides insights into the reasons behind these problems, including inadequate separation of powers, unresolved policy contradictions, and a lack of regulatory independence and capacity. The report concludes with recommendations for improvement, focusing on increasing regulatory accountability, establishing a national infrastructure decision framework, and strengthening regulatory independence and capacity.
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