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In South Africa the Department of Public Enterprises is the shareholder representative of the South African Government with oversight responsibility for stateowned enterprises in key sectors. Some companies are not directly controlled by the Department of Public Enterprises, but by various other departments. Stateowned enterprises play a significant role in the South African economy.
South Africa is the southernmost country in is the 25thlargest country in the world by land area, and with close to 56 million people, is the world''s 24thmost populous nation.. The World Bank classifies South Africa as an uppermiddleincome economy, and a newly industrialised country. Its economy is the secondlargest in Africa, and the 34thlargest in the world.
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