How long can a CEO serve under the new rules?

A CEO serves a three-year term that can be renewed for one more term only.

What happens to CEOs already in office?

They continue serving the rest of their current term on the same conditions.

Can a CEO be removed before the term ends?

Yes, but only for valid reasons and by following fair procedures in the law.

Why was this change needed?

To create consistent rules, reduce conflicts, and improve leadership stability in state corporations.

Back to Policies

Public Sector Governance

Open for Comments

The State Corporations (Amendment) Act, 2026

The National Treasury

1w agoClosing: in 1mo

Introduces a three-year renewable term for CEOs of state corporations to promote stable and accountable leadership.

Key Points

Create a uniform three-year term for CEOs of state corporations, renewable once
Improve certainty and smooth leadership changes in state corporations
Strengthen good corporate governance, accountability, and transparency
Reduce disputes, litigation, and unfair extensions of CEO contracts
Ensure the new rules apply only to new appointments and renewals

Public Sentiment

Based on feedback and comments from citizens

Positive

0%

Neutral

0%

Negative

0%

Policy Documents

THE STATE CORPORATIONS (AMENDMENT) BILL,2026.pdf

Official

Download

98

Comments

?

Be respectful and constructive.