Gigaba could target R14bn Telkom stake for massive SAA bailout

2017-07-21 11:09

Finance Minister Malusi Gigaba has revealed the need to sell state assets in a bid to inject nearly R16bn into SAA so it can repay loans.

Economic action plan a rehash of past policies - EFF

2017-07-14 19:31

The Economic Freedom Fighters says government's plan to revive the economy promotes neoliberalism and it is no different to former finance minister Pravin Gordhan's plans.

Eskom banks heavily on China, inks R20bn loan deal

2017-07-06 15:27

Despite a number of scandals, Eskom says international roadshows indicate that there is still a significant appetite from international investors for its bonds.

SAA said to favour Vodacom exec as CEO

2017-06-28 18:34

SAA has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become its first permanent CEO since November 2015, according to sources.

Corrupt SEOs lie at the heart of SA’s economic woes

2017-06-20 10:38

The key implication of the Gupta emails is that reversing the deep damage inflicted on the country must start with reforming state owned enterprises. Reversing the rot will take decades, writes Mishek Mutize and Sean Gossel.

FULL SPEECH: Economic transformation gets go ahead

2017-06-15 14:14

Addressing the media to chart the way forward following South Africa’s entrance of a recession, Finance Minister Malusi Gigaba says economic transformation should be advanced.

Brown: Corruption allegations at SOEs must be probed

2017-06-14 19:00

Allegations of corruption at some state-owned enterprises must be investigated appropriately where needed, says Minister of Public Enterprises Lynne Brown.

Zuma consulting legal advisers to start state capture inquiry - Ramaphosa

2017-06-14 15:55

President Jacob Zuma is currently consulting with legal advisors to fix the terms of reference of a commission of inquiry into state capture, according to Deputy President Cyril Ramaphosa.

Of masks, plasters and open wounds

2017-06-14 07:45

Now that our economy is dangling just a notch, it is time for those who still have the wherewithal to save SA from crossing the proverbial line of no return to do so, quick, says Solly Moeng.

NUM calls on entire Eskom board to resign

2017-06-13 11:44

The National Union of Mineworkers has called for the entire board of Eskom to follow suit after chairperson Ben Ngubane quit the power utility.


Lynne Brown questions Eskom's truthfulness

2017-07-18 12:03

Public Enterprises Minister Lynne Brown says she has reason to question the veracity of some of the answers she's been given by Eskom's board and management.

Partial privatisation of SOEs on the cards

2017-07-14 06:00

Finance Minister Malusi Gigaba has announced that partial privatisation of state-owned enterprises is on the agenda to revive the economy.

Futuregrowth ends 'capital strike' against Sanral

2017-07-05 16:14

Futuregrowth Asset Management may start lending again to the SA National Roads Agency after a ban which lasted almost a year.

REVEALED: SA companies with the best reputations

2017-06-22 17:03

The 2017 Global RepTrak® Pulse reveals which South African companies have a strong, emotional bond with the public.

Government not yet considering PIC as investment partner for SAA

2017-06-15 18:34

Government has not considered using the Public Investment Corporation as a minority equity partner for the ailing national carrier SAA, says Finance Minister Malusi Gigaba.

Eskom inquiries could keep out-of-job Ngubane busy

2017-06-14 23:33

Outgoing Eskom chairperson Ben Ngubane might find his new free time is cut short, if he truly intends being a “part of the team that will answer to everything”.

Pensions not being used to bail out SOEs - Ramaphosa

2017-06-14 18:15

Deputy President Cyril Ramaphosa says that concerns that pensioners' money is being used to bail out SOEs are unfounded.

Eskom makes do with 2.2% tariff increase – Singh

2017-06-14 14:15

Eskom CFO Anoj Singh estimates it will take around seven years for the power utility to reach financial stability, depending on the tariff hikes granted and cost-saving initiatives.

5 blemishes from Ngubane's checkered past

2017-06-14 06:03

Following the departure of Eskom’s board chairperson, Fin24 collated several matters of poor governance and business blunders which took place under Ben Ngubane’s watch.

SOEs: Is the PIC in too deep?

2017-06-04 09:04

With billions invested in SOE debt, the corporation may have bitten off more than it can chew.

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