As part of the management of public enterprises and state portfolio establishments, a strategic meeting recently took place. During this meeting, President Félix Tshisekedi stressed the importance of soon organizing the general meetings of these entities. The clear objective of these meetings is to establish a precise diagnosis of each company and to propose concrete recovery plans, accompanied by short, medium and long term objectives.
During the discussions, it emerged that traditional methods of evaluating the performance of companies in the State portfolio have shown their limits. Indeed, criteria based on turnover, added value and net profit, although relevant, are not sufficient if they are not accompanied by a strategic recovery plan. This is why President Tshisekedi insists on the need to rethink these evaluation methods to guarantee the viability and prosperity of these entities.
Furthermore, divergences between the different actors of public companies have been observed, sometimes hindering the proper functioning of these entities and reducing their impact on the national economy. In order to remedy this situation, it was decided to organize a seminar to clarify the roles and responsibilities of each person, in accordance with the legal texts in force.
It is also important to remember that cases of mismanagement and embezzlement have been noted within certain public companies, leading to measures to replace existing managers. These practices harm not only the financial health of these entities, but also their image and their ability to fulfill their public service mission.
In short, the next general meetings of state portfolio companies represent a crucial opportunity to redefine development strategies, strengthen governance and restore citizen confidence in these entities. It is up to the authorities and stakeholders concerned to implement effective and sustainable measures to ensure the sustainability and success of these companies in the service of the general interest.