CAPE TOWN, June 26 (Xinhua) -- The following are news highlights in South African major media outlets on Wednesday.

-- South Africa's state-owned companies are in a parlous state and if the boards and management of these organizations do not do what the government expects of them, it won't hesitate to intervene to ensure proper governance and financial management, Public Enterprises Minister Pravin Gordhan said on Tuesday.

He painted a grim picture of the country's biggest state-owned entities - Eskom, South African Airways, Transnet and Denel - when he delivered his response to President Cyril Ramaphosa's State of the Nation Address.(Fin24)

-- The rand firmed on Tuesday as the prospect of monetary easing by the U.S. Federal Reserve knocked demand for the U.S. currency, which in turn supported developing world currencies.

Stocks fell as investor anxiety mounted over this week's U.S.-China trade talks at the G20 Summit.(Eyewitness News)

-- South African-based Sudanese nationals protested outside Saudi Arabia and Sudanese embassies in Pretoria on Tuesday.

The protestors were demanding an end to military rule and that power be handed over to the civilians.(South African Broadcasting Corporation) Enditem

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