If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
A leaked Eskom vision and strategy document, apparently prepared by the Boston Consulting Group for Eskom, has revealed the next steps of a long-awaited restructuring and turnaround plan for the embattled utility.
Top South African business leaders called upon to help save ailing state-owned companies are abandoning their posts, frustrated by indecision and political interference.
President Ramaphosa’s latest pledge to support Eskom is good news for the cash-strapped electricity company - but some investors are balking at the prospect of increased sovereign-bond issuance to pay for the bailout.
President Cyril Ramaphosa spent a large part of his State of the Nation address focusing on Eskom and how government plans to save the embattled power entity.
SA has pinned its hopes on the election to give its ailing economy new direction and growth, but as the country braces for news from rating agency Moody's this week, indications are its faith may have been unfounded, says Sean Gossel.
President Cyril Ramaphosa announced on Thursday evening that debt-laden power utility Eskom would be split into three separate entities – generation, transmission and distribution – which would still fall under the company Eskom Holdings.
President Cyril Ramaphosa has assured that state assets will not be disposed if they are strategic for the development of the economy and South Africans.
Further provisional suspensions of staff may be on the cards at Transnet as auditors at the state-owned port and freight rail and operator continue to comb through past internal reports.
New Denel CEO Daniel du Toit is the most suitable candidate for the job and was approved by Cabinet, the state-owned arms manufacturer has said.
Nigeria hopes that the sale to selected investors and the public will raise $797m toward funding the 2018 budget.
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.
If the powers of the CRO appointed to SOEs could be any closer to those of a business rescue practitioner they would have a fighting chance to make decisions that may be felt within the SOEs, writes Matodzi Ratshimbilani.
President Cyril Ramaphosa appears to have backed down on his earlier decisiveness to tackle Eskom by unbundling the bankrupt utility, say energy experts.
According to research by the Dullah Omar Institute, confusing legislation was a key enabler of state capture at South Africa's troubled state-owned entities - and calls for a "State-Owned Enterprises Act" to oversee the appointment of boards at parastatals.
Finance Minister Tito Mboweni told MPs on Thursday there is "no endless supply of cash" in government, and the state has no printing press to magic new funds.
The president must guarantee that the restructuring of Eskom he announced in his State of the Nation Address will not lead to job losses, says Cosatu.
Eskom is likely to be "front and centre" of Finance Minister Tito Mboweni’s budget speech, predicts Deloitte's managing director for tax & legal.
The state-owned freight rail company has issued summons to former top executives implicated in financial mismanagement with a view of recouping some of the squandered money.
The public enterprises minister was briefing the media on the state of the power utility after days of load shedding, power generation unit breakdowns and reports it wants the state to take over R100bn of its R419bn debt.
As we begin a new state-building exercise, SOEs should be central to our developmental and economic agenda writes Sizwe Mbhele.
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