Academic reveals secret to successful SOEs

2016-01-22 15:28

The operation of state-owned companies in the development of emerging economies has been a success in some countries and an epic failure in others, says Prof Steve Koch.

Skywise's open letter to Jacob Zuma

2015-12-02 11:16

In the wake of its grounding by ACSA over unpaid debt, Skywise is pleading for the state's help in an open letter.

Eskom must pay for Arnot shutdown - Exxaro

2015-12-02 06:13

Exxaro says it will initiate “appropriate activities” following Eskom’s decision to allow the termination of a Coal Supply Agreement at its Mpumalanga coal mine.

SAA gag order: Media groups strike back

2015-11-30 16:34

Three media groups have asked a court to dismiss an urgent interdict brought against them by SAA to prevent publication of a board memorandum.

Gag order: SAA says did not mislead parliament

2015-11-25 10:30

SAA says it refutes "any reports that purport to portray a picture that is inconsistent with what was presented to parliament”, as it gets an urgent interdict against media.

New Post Office boss talks tough on turnaround

2015-11-19 17:45

Cabinet has approved the appointment of Mark Barnes as the Group Chief Executive Officer of the South African Post Office.

5 reasons why SAA is experiencing turbulence

2015-11-19 08:20

SAA chairperson Dudu Myeni has faced a grilling at parliament, where SAA revealed the impact of the visa rules and why the Airbus deal is holding up her annual report.

Disgruntled staff SAA's top priority, says new boss Musa Zwane

2015-11-18 11:28

New SAA acting CEO Musa Zwane has told parliament the airline needs to engage with all disgruntled employees.

SAA spends nearly R10m with the New Age

2015-10-12 14:46

South African Airways has spent R9.4m on purchasing about six million copies of the New Age newspaper, which is owned by the politically-connected Gupta family.

SA Post Office, CEO part ways

2015-09-08 13:57

The SA Post Office and its CEO Christopher Hlekane have agreed to part ways, almost a year since the boss went on “special extended leave” amid a prolonged strike.


PetroSA and CFO agree to part ways

2015-12-12 13:56

State oil firm PetroSA says it has reached an agreement with its Group CFO Lindiwe Mthimunye Bakoro to terminate her employment.

Police start probe into SAA

2015-12-02 10:27

The South African Police Service will start a probe into state-owned airline SAA, which is facing mounting losses while remaining reliant on government support.

Prasa alleges tender rigging in court filing

2015-12-01 14:52

A bidding process to supply locomotives to rail agency Prasa included 'irrational' specifications whose sole purpose was to rig the outcome, says Popo Molefe in court papers.

Max du Preez forced to remove posts to leaked SAA memo

2015-11-26 14:14

Columnist Max du Preez says he was forced to remove the posts directing the public to a leaked South African Airways memorandum - or face legal action.

SAA gags media

2015-11-24 12:59

SAA has brought an urgent interdict to curb media from publishing the contents of a leaked memo to its board from former acting CEO Thuli Mpshe.

Prasa maladministration ‘a very serious matter’

2015-11-19 11:43

The Prasa board's investigation is rigorously going through the issues raised by Public Protector Thuli Madonsela, says board chairperson Popo Molefe.

SAA cuts 484 jobs to stabilise turbulent finances

2015-11-18 12:19

New SAA acting CEO Musa Zwane has told parliament that by freezing all non-critical positions, SAA has managed to reduce its headcount from 8 747 to 8 263.

Eskom facing court action over 'secret' information

2015-11-16 06:56

Eskom is facing legal action for refusing to share “secret” information pertaining the payment of bonuses to its top management for the 2014/15 financial year.

Transnet plans international expansion

2015-09-15 09:32

Transnet is pursuing opportunities to expand on the continent and in the Middle East as the state-owned company seeks to redress an over-dependence on its home market.

SAA on verge of cancelling Airbus planes to save R1.4bn

2015-09-02 17:07

SAA says it is close to cancelling an order for 10 Airbus Group NV A320 planes, a move that will save the unprofitable state-owned carrier about R1.4bn in write-down charges.

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