A Quote by Cyril Ramaphosa

We need to rid our State Owned Enterprises of corruption because the money being siphoned out should be funding them.

Cyril Ramaphosa

Quote Topics

Because Being Corruption Enterprises Funding Money Need Our Out Owned Rid Should State Them

Quote Author

Cyril Ramaphosa
South African - Politician
Born: November 17, 1952

Issues to do with corruption, issues of how we can straighten out our state-owned enterprises, and how we deal with 'state capture' are issues that are on our radar screen.

Cyril Ramaphosa

Corruption in state-owned enterprises and other public institutions has undermined our government's programs to address poverty and unemployment.

Cyril Ramaphosa

Some blame the drug companies. I don't. They are corporations. Their managers are ordered by law to make money for the corporation. They push a certain patent policy not because of ideals,but because it is the policy that makes them the most money. And it only makes them the most money because of a certain corruption within our political system-a corruption the drug companies are certainly not responsible for. The corruption is our own politicians' failure of integrity.

Lawrence Lessig

Unfortunately, corruption is widespread in government agencies and public enterprises. Our political system promotes nepotism and wasting money. This has undermined our legal system and confidence in the functioning of the state. One of the consequences is that many citizens don't pay their taxes.

George Papandreou

Tough decisions have to be made to close our fiscal gap, stabilise our debt, and restore our state-owned enterprises to health.

Cyril Ramaphosa

I believe that eventually, one of the next big issues that will have to be addressed globally is the role of state-owned enterprises. Because there is a disadvantage that's built in.

Hillary Clinton

It's nervous work. The state you need to write in is the state that others are paying large sums of money to get rid of.

Shirley Hazzard

But it is a worry that there have been so many delays in the reform of China's state-owned enterprises. We all know that private companies are run more efficiently than state ones. These reforms are very much anticipated for the potential dynamism they could create.

Zhang Xin

I promise to deliver a corruption-free India... people have chosen our government to get rid of black money.

Narendra Modi

To understand the motivations behind Chinese government policy decisions, look no further than their impact on State-Owned Enterprises.

Anthony Scaramucci

The type of music we know as classical music began with rich people hiring musicians or owning them in a way. Without funding, it's very hard to have this experience. Be it state money or private money, there has to be someone dedicated to raising the money.

Gael Garcia Bernal

China's economy became more complex. By now there is a large number of small- and medium-sized companies that work quite differently from big, state-owned enterprises. They don't follow any long-term business plan and don't rent office space for years to come. They start out and need an office right away, for a week, a month or half a year, and they want to be among other entrepreneurs like themselves.

Zhang Xin

All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.

Ha-Joon Chang

Some years ago, someone had come up with the idea that the State should hold all Titles to vehicles, mailing a Certificate of Title to the 'owners'. This created a legal fiction that the State owned the vehicles. Drivers were thus driving a State owned vehicle, mandating drivers must have a license to drive a State vehicle, which was false. The State reaped many millions with its drivers license scam, and began issuing heavy fines for not having a State license.