Molefe defends pay for extra board meetings

2016-11-30 13:11

Passenger Rail Agency chairperson Popo Molefe has defended the remuneration he received for attending extra board meetings.

Futuregrowth lifts lending freeze on third SOE

2016-11-21 13:12

Futuregrowth has lifted its funding suspension on a third state-owned entity, the Development Bank of Southern Africa has revealed.

Post Office's late financials a concern - AG

2016-11-17 17:24

The loss-making Post Office is one of two public entities which received a qualified audit opinion for the year 2015/16.

Media barred from PetroSA briefing into R14.5bn loss

2016-11-15 12:05

Members of the public and the media had to leave a Parliamentary meeting empty-handed where the forensic report on PetroSA was going to be discussed.

Central Energy Fund grilled over oil deal

2016-11-08 14:07

The Central Energy Fund is being trounced by Parliament over its failure to recognise the gravity of the controversial sale of 10 million barrels of SA’s crude oil reserves.

Tearful Molefe slams public protector’s Saxonwold cellphone evidence

2016-11-03 13:25

Eskom CEO Brian Molefe broke down in tears as he hit back at the former public protector for using cellphone records suggesting he had numerous meetings with the Gupta family.

Eskom can’t ditch renewables – Treasury

2016-10-30 07:15

There was no indication “whatsoever” that Eskom might force Treasury to foot the bill for R200 billion in renewable energy investments, said Treasury director-general Lungisa Fuzile.

Treasury: Nuclear can’t undermine fiscal integrity

2016-10-26 14:08

Treasury will ensure it protects South Africa’s fiscal integrity with regard to South Africa’s nuclear procurement plan.

Treasury to appoint advisers for SAA merger plan

2016-10-26 14:07

Eight months after proposing a merger between embattled national carrier SAA and SA Express, Treasury will appoint advisers to explore the opportunity.

Eskom boss: Let Treasury pay for green power

2016-10-23 06:47

Power utility Eskom wants out of ‘costly’ public-private power purchase deals – at taxpayers’ expense.


Futuregrowth flags DBSA manager related to ‘politically exposed person’

2016-11-21 14:56

Futuregrowth has flagged a concern regarding the Development Bank of South Africa relating to a business unit head that is related to a politically exposed person.

Only one SOE achieves clean audit

2016-11-17 19:16

Of the 10 major public entities audited by the Auditor General South Africa, only one received a clean audit opinion.

SAA the ‘Hollywood of Kempton Park’ – acting CEO

2016-11-16 12:10

South African Airways is known as the Hollywood of Kempton Park due to the number of managers who are operating in an acting capacity, says current acting CEO Musa Zwane.

Sars/Treasury breakdown, downgrade top MPs' worry list

2016-11-10 17:55

Opposition parties have aired their biggest concerns threatening the South African economy in a parliamentary exchange.

Futuregrowth lifts funding ban against 2nd SOE

2016-11-07 13:22

Futuregrowth Asset Management has lifted its lending suspension against the state-owned Industrial Development Corporation.

Forensic report into PetroSA's R14.5bn loss to stay under wraps

2016-11-01 12:27

An investigative report into the R14.5bn loss PetroSA incurred in 2014/15 will not be made public and will only be presented to a closed parliamentary meeting.

SAA to break even by 2021

2016-10-30 06:20

SAA expects to break even in 2021, according to the airline’s interim chief financial officer, Phumeza Nhantsi.

Eskom’s guarantees worry Treasury

2016-10-26 14:08

Treasury has highlighted increasing guarantees for state-owned enterprises as a “source of vulnerability” on the fiscus that requires close attention.

Funding for cash-strapped SOEs could strain fiscus - economists

2016-10-24 09:52

Economists are concerned that cash-strapped state-owned enterprises will require additional guarantees from Treasury.

Treasury sounds SOE alarm

2016-10-02 06:30

Deputy finance minister urges reform of parastatals and signing of Fica bill to avoid downgrade.

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