Public Enterprises Minister Barbara Hogan says the government has no intention of selling off any of the country's parastatals.
Earlier this month Hogan got into hot water with the ANC when she said the government would sell off under-performing entities.
She was subsequently summoned to Luthuli House, where she had to explain her utterances to ANC general secretary Gwede Mantashe.
"The assets we now have in our fold are extremely important for our economy. I do not envisage putting any of our SOE's up for sale," Hogan told the media in Parliament yesterday.
When asked for how long the government would continue propping up unprofitable SOEs, Hogan said they would try everything to make them work before taking any decision to stop pumping cash into them.
Public Enterprises director-general Portia Molefe also announced that the department had decided to extend the deadline for the launch of a working model of its pebble bed modular reactor nuclear project.
The government has spent more than R8billion since 1999 on developing the nuclear reactor, which uses graphite pebbles and very high temperatures to generate energy, but the country has yet to see a functioning model.