Why Peters stopped the Prasa probe

2016-08-30 17:36

Transport Minister Dipuo Peters didn’t direct Prasa to merely stop an investigation, which has amounted to about R83m so far, says chairperson Popo Molefe.

Components cannibalisation, acting staff throw Prasa off track

2016-08-30 10:36

Passenger Rail Agency of South Africa has achieved only 45% of its target set out in the 2015-’16 annual performance plan.

Govt sheds light on Zuma's role as head of SOCs

2016-08-24 07:35

The government has clarified President Jacob Zuma’s role in the leadership of state owned firms, amid allegations that the Guptas use their friendship to win contracts.

ANC cracks bared as ministers battle with SOEs

2016-08-05 07:33

A series of public spats between Cabinet ministers, state firms and departments is exposing divisions in the ruling ANC and risks spooking investors.

Gupta bid cost Icasa chair her job - report

2016-07-31 14:04

Icasa acting chair Vuyo Batyi is reportedly taking Communications Minister Faith Muthambi to court for failing to appoint her as chair despite giving her an appointment letter.

Bring back purged SAA execs, Outa urges Gordhan

2016-07-27 09:14

Senior executives purged from SAA are the perfect candidates to breathe new life into the ailing national carrier, says civil action movement Outa.

When it looks, smells like a pig – usually is. Tale of the SAA whistleblowers

2016-07-26 07:16

OUTA's Wayne Duvenage says shutting down the SAA, BnP deal shows the true value of when whistleblowing is enabled and supported through civil intervention.

Reform of state owned enterprises key to avoid downgrades - economists

2016-06-08 21:15

Reform of state owned enterprises and other proposed plans are crucial for South Africa in terms of future decisions by ratings agencies, two economists warn.

Brown grilled over Gupta links

2016-04-26 12:08

Opposition parties have laid into Public Enterprises Minister Lynne Brown for allowing the controversial Gupta family to infiltrate state-owned companies.

Jonas cautions PIC on SOE investments

2016-04-12 17:40

Deputy Finance Minister Mcebisi Jonas has acknowledged there are “huge problems” with state-owned firms and that government needs to be “more hesitant” when considering to invest in these entities.


Prasa acting CEO: We have a Montana problem

2016-08-30 13:46

Prasa, which has incurred irregular expenditure of R13.9bn, has a problem, but it isn't insurmountable, says acting CEO Collins Letsoalo.

Gordhan plot all about power, SOEs and tenderpreneurs - economist

2016-08-25 06:49

The market reaction will be profound should President Jacob Zuma decide to push the reshuffle button which could see the exit of Finance Minister Pravin Gordhan, says an economist.

Denel's liquidity woes dampen positive financials

2016-08-24 06:12

State-owned enterprise Denel has posted positive results overall, but the defence technology company still needs to deal with liquidity hurdles.

Guptas slam Icasa chair report as media capture

2016-07-31 20:29

The allegations that pressure to approve a Gupta bid has cost Vuyo Batyi her job as Icasa chair is yet another example of media capture, according to the Guptas.

Gordhan sounds warning on SOE financial health

2016-07-29 11:13

Finance Minister Pravin Gordhan has sounded a warning about the financial health of state-owned companies, including power utility Eskom.

SAA requires a whole new board - Gordhan

2016-07-26 12:00

Finance Minister Pravin Gordhan says South African Airways requires a whole new board and "we must do political homework to get credible people on board".

What SAA paid departing CEOs and CFOs

2016-07-12 12:10

Parliament has learnt that national carrier SAA has paid millions in separation packages in the last 11 years to CEOs and CFOs who did not complete their contracts.

Denel defends suspensions, insists VR Laser jv above board

2016-05-11 15:03

Denel has defended its decision to suspend three high-ranking officials and insisted there was nothing untoward with the joint venture it entered into with Gupta-linked VR Laser.

Denel Asia's problems mount

2016-04-25 18:14

The problems of Denel Asia, a partnership with Duduzane Zuma and Rajesh Gupta's VR Laser, are mounting after it emerged that it failed to apply for an arms control permit.

How parastatals fit into Gupta web

2016-04-01 10:06

Since their friendship with President Jacob Zuma began in 2000, Gupta firms have built connections with board members of the parastatals for business.

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