Denel board gets three new members

2018-05-24 19:22

Public Enterprises Minister Pravin Gordhan has confirmed Denel's new board, which includes three new appointments.

To the rescue: Meet the new Denel board

2018-04-09 20:55

From former civil rights activists to experienced directors and even defence force veterans, Minister of Public Enterprises Pravin Gordhan dipped into a well of diverse experiences to put together a new interim Denel board.

Winslyn looks at Gordhan's big task - fixing the SOEs

2018-03-28 16:11

How will the new minister of public enterprises, Pravin Gordhan, get the likes of Eskom and Denel back on track? Winslyn considers a few solutions proposed by the experts. (Afrikaans content.)

Why shaking up SA’s power utility matters for the economy

2018-01-24 11:23

Cyril Ramaphosa recently appointed a promising new Eskom board. What can the board members do to turn the power utility around? The way parastatals operate also needs to be interrogated.

ANC rejects 'reckless' return of Molefe to Eskom

2017-05-12 12:03

Eskom’s decision to reinstate Brian Molefe as chief executive office is “unfortunate and reckless” and tone deaf to the public's anger at perceived state corruption, says the ANC.

No policy shift at National Treasury, says Fuzile

2017-05-09 14:58

The direction and policies of National Treasury haven’t changed since the appointment of new Finance Minister Malusi Gigaba, says outgoing director general Lungisa Fuzile.

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.

 

EXCLUSIVE: PetroSA said to be on verge of promoting previously suspended officials

2018-04-13 18:02

The state owned company has suffered various setbacks including a R1.4bn loss in the 2016-17 financial year and the resignation of board members in the midst of its financial bedlam.

Can Pravin fix SA’s shambolic parastatals?

2018-04-02 14:58

The new public enterprises minister has a massive task ahead of him: Turning money pits such as Eskom and Denel around. Those in the know believe that replacing executives and board members won't do the trick.

Can Pravin fix SA’s shambolic parastatals?

2018-03-28 15:47

The new public enterprises minister has a massive task ahead of him: Turning money pits such as Eskom and Denel around. Those in the know believe that replacing executives and board members won't do the trick.

Wesgro secures R17.5bn for Cape economy

2017-10-03 15:24

Wesgro generated at least R17.5bn for the Western Cape economy and created 6 625 direct and temporary jobs during the 2016/17 financial year.

Eskom’s government guarantee tops R200bn

2017-05-09 15:54

National Treasury director general Lungisa Fuzile says government's biggest guarantee is to Eskom, which could have been higher if the power utility's build programme progressed faster.

Rating South Africa’s creditworthiness: Nothing but the facts?

2017-04-19 19:21

The track record of major rating agencies may warrant a healthy level of scepticism but their job is not an easy one, says Dr Stephen Labson.

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.

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