Pravin Gordhan: Competent, ethical people must run state firms

2017-03-24 14:04

Finance Minister Pravin Gordhan says competent people with the right ethical behaviour are needed to run public institutions.

Eskom blows R311m

2017-03-19 08:26

The public enterprises minister wants to know why the power utility spent millions on an unapproved development project.

Axed CEO Letsoalo refused to discuss pay - Prasa board member

2017-03-08 11:57

The board of the Passenger Rail Agency of South Africa reiterated that it has never taken a resolution on the R5.9m salary package of former Prasa CEO Collins Letsoale.

Prasa appoints new acting CEO

2017-03-01 16:02

PRASA has appointed a new acting CEO, after dismissing Collins Letsoalo.

State workers could face voluntary severance packages

2017-02-23 06:42

Headcount in South Africa’s public service has stabilised but government is considering introducing voluntary severance packages to help keep a lid on its wage bill.

SAA set to receive another cash injection

2017-02-22 15:07

Loss-making national airline South African Airways will need to receive another cash injection, says Treasury.

Game changer to prevent power cuts for defaulting municipalities

2017-02-22 14:23

Finance Minister Pravin Gordhan announced “game changers” in Treasury’s focus on municipalities that will help end the spate of power cuts inflicted on defaulting areas.

Eskom and Transnet need to borrow billions more

2017-02-22 14:19

Eskom and Transnet need to borrow billions more than anticipated in 2016, National Treasury has revealed in its 2017 Budget Review.

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.


Eskom woes trickle down to would-be coal barons

2017-03-23 14:24

The revelation that the Black Emerging Miners Development Fund failed to materialise is seen as a blow to efforts to make the coal industry accessible to emerging miners.

Peters defends Letsoalo amid Prasa strife

2017-03-08 22:00

The Prasa board's bickering with former acting CEO Collins Letsoalo could have been avoided, says Minister of Transport Dipuo Peters after the sudden dissolution of the board.

Sparks fly at Prasa parly briefing

2017-03-08 11:32

A parliamentary briefing got off to a shaky start when the Prasa board and MPs accused one another of hostility on the one hand and "reluctance to answer questions" on the other.

Key risks facing South Africa’s fiscal consolidation

2017-02-23 07:22

Many of South Africa’s state-owned enterprises are still being poorly managed, said Finance Minister Pravin Gordhan in his 2017 Budget Review.

SAA merger still on the cards as consultants finalise review

2017-02-22 15:17

The merger of SAA with South African Express, and the introduction of a strategic equity partner are still being considered, National Treasury says in its 2017 Budget Review.

IPPs could go out of business, Treasury warns Eskom

2017-02-22 14:23

Eskom’s delay in signing power purchase agreements with renewable energy independent power producers could result in manufacturers of going out of business.

Bad management, finances still plague SOEs

2017-02-22 14:19

Many of South Africa’s state-owned enterprises are still being poorly managed, says Finance Minister Pravin Gordhan in his 2017 Budget Review.

SAA to remain under intense government oversight – Gordhan

2017-02-22 14:15

SAA will remain under intense government oversight, Finance Minister Pravin Gordhan says in his report contained in National Treasury’s 2017 Budget Review.

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.

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