Transport union slams cross-funding of state-owned entities

2019-10-07 16:47

The United National Transport Union has called on government to stop taking money from one state-owned company to finance another.

Unions a crucial cog in the machine that could help save SOEs

2019-08-11 08:23

Workers must fight to get shares in the SOEs alongside private sector players and the state in a shareholding system that balances the commercial imperative and general wellbeing of the economy, writes Mpumelelo Mkhabela.

Ex-Credit Suisse banker admits kickbacks in Mozambique scam

2019-07-20 10:53

A former Credit Suisse Group AG banker has admitted taking millions of dollars in kickbacks as part of a scam that involved as much as $2bn in loans to Mozambique state-owned companies.

Gordhan: SOEs cannot do what they like and expect state support

2019-06-25 19:39

The "moral hazard" posed by poor governance at SOEs must be addressed, says Minister of Public Enterprises Pravin Gordhan.

Bad governance can undo govt guarantees of SOE investments - pension fund chair

2019-04-04 05:00

Government guarantees backing investments in state-owned enterprises can be made meaningless by bad governance, the chair of the Government Employees Pension Fund has warned.

New Eskom structure 'more positive than expected' – Old Mutual Investment Group

2019-02-09 12:45

Eskom's proposed new structure is "considerably more positive" than previously expected, according to Johann Els, Chief Economist at Old Mutual Investment Group.

Ferial Haffajee: You are going to pay more for Eskom’s capture – and it’s not going to be broken up anytime soon

2019-02-07 13:36

Don't hold your breath for Eskom restructuring as a solution, says Ferial Haffajee.

NUM calls for Eskom strike during election week

2019-01-30 12:10

According to a regional branch of NUM, workers at Eskom will strike during election week over the possible sale of shares and planned job cuts at the power utility.

World Bank says Eskom simply too big to fail

2019-01-22 14:01

"It is just too big to allow it to disintegrate, and fixing all these pieces will be costlier than trying to reform it," the bank’s country director for SA said at a media briefing in Johannesburg.

SAAB Medav's Danie du Toit appointed as new Denel boss

2018-12-20 16:54

Cabinet has approved the appointment of Daniel du Toit as the new group chief executive officer for state-owned arms manufacturer Denel.

 

Solidarity, Gerrie Nel kick off bid to privately prosecute ex-Eskom CEO Brian Molefe

2019-08-13 18:05

Trade union Solidarity and lobby group AfriForum have asked Advocate Gerrie Nel to kick off the process to privately prosecute the former head of the power utility.

CEO turnover hits record high - study

2019-07-23 19:10

CEO turnover hit a record high of 17% in 2018, a PwC study has found.

Do lifestyle audits on all SOE board members, parliamentary committee demands

2019-07-03 17:53

The Portfolio Committee on Public Enterprises wants lifestyle audits on all board members of state-owned enterprises, as well as director-generals.

Denel can now pay full salaries at 11th hour

2019-06-25 17:39

Public Enterprises Minister Pravin Gordhan says that a lender has come to the assistance of state-owned arms manufacturer Denel, and full salaries will be paid to all its employees.

Eskom bailout key for Budget 2019, but what about other SOEs?

2019-02-15 08:07

Having no policy white paper on Eskom makes for a huge credibility problem for Treasury to deal with in Budget 2019, says Peter Attard Montalto of Intellidex.

Special report: New pressures on Eskom’s plant performance as contract workers down tools

2019-02-07 16:08

New pressures on Eskom’s generation plant performance and energy availability factor are being experienced at Medupi, Kusile and several other coal-fired power stations, as a key Eskom contractor and service provider runs into severe financial difficulties.

Chris Yelland: Managing hopes and fears around restructuring Eskom

2019-02-05 19:15

There has been much media speculation on the pending restructuring and unbundling of Eskom. President Cyril Ramaphosa will likely shed some light in this regard in the SONA on Thursday.

Gordhan on Eskom: No room for 'endless bailouts'

2019-01-29 20:54

Public Enterprises Minister Pravin Gordhan has said the fiscus does not have room for "endless bailouts".

Stopping the rot: Don’t blame the mouse, blame the hole in the wall

2019-01-14 20:45

Fixing public procurement in SA means fixing the broken systems that allowed the damage to occur, says Peter Volmink.

INSIDE LABOUR: A classic case of economic ill health

2018-11-02 10:04

No wonder there's resentment over SOE bailouts when ordinary people bear the brunt of healthcare that relies on the contents of bank accounts, says Terry Bell.

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