SARS inquiry to be much wider than suspended Moyane

2018-03-20 16:00

President Cyril Ramaphosa will proceed with a commission of inquiry into SARS after the tax agency's commissioner Tom Moyane was suspended.

Gordhan plans sweeping changes for SOEs as SARS suspends Moyane

2018-03-20 08:35

Extensive changes are in the offing at the troubled state-owned companies as new Public Enterprises Minister Pravin Gordhan moves to tackle their many management and financial failings.

SAA to scale back in 3-year break-even bid

2018-03-13 21:05

South African Airways is striving to return to profit in three years by reducing the size of the network and transferring planes to its low-cost carrier as CEO Vuyani Jarana embarks on a recovery plan.

Lynne Brown quits as MP

2018-03-01 12:22

The African National Congress’ parliamentary chief whip has confirmed that former minister of public enterprises Lynne Brown had resigned as a member of parliament.

SAA financial result delay a huge concern - opposition

2018-02-22 19:41

South Africa Airways again failed to table its 2016/17 annual financial statements and has still not held its annual general meeting.

Some SOEs will need financial assistance – Gigaba

2018-02-21 14:29

Finance Minister Malusi Gigaba has announced more details on how government will revitalise state-owned enterprise, however some of them will require financial assistance.

Govt sticking to recapitalisation programme for SAA - Gigaba

2018-02-21 14:11

Government will continue working with South African Airways' new board and its lenders to strengthen the airline and won't divert from its recapitalisation plan, says Finance Minister Malusi Gigaba.

Strong calls for Ramaphosa to fix SOEs

2018-02-19 21:00

Members of Parliament have called on President Cyril Ramaphosa to clean up state-owned enterprises and to have those implicated charged and removed.

IDT set to hire and fire to stay afloat

2018-02-18 07:11

State agency the Independent Development Trust is bankrupt and to get its latest bailout it has to comply with Treasury conditions, including changing its mix of staff.

Gigaba on possible Cabinet reshuffle: No one joined the struggle to be minister

2018-02-16 19:31

Finance Minister Malusi Gigaba told journalists that it is up to the President to appoint ministers, and that he serves at the pleasure of the President.


Mcebisi Jonas said to be considered for SA's top tax post

2018-03-20 13:26

The former deputy finance minister is being considered for the the post of SARS commissioner, two people familiar with the situation have said.

Eskom slaps whistle-blower Suzanne Daniels with fresh charges

2018-03-19 13:02

Eskom has blocked whistle-blower Suzanne Daniels’s return to work, and instead slapped her with fresh charges of “serious misconduct”.

Parliament to probe Prasa

2018-03-06 18:51

Parastatal Prasa will be investigated by the portfolio committee on transport.

SAA results to be released end April, as AG grapples with technical matters

2018-02-23 16:41

According to National Treasury, SAA and the auditor general are currently finalising "technical accounting matters" and will release the airline's results at the end of April.

Government guarantees an increasing liability

2018-02-21 14:30

Struggling state enterprises’ reliance on government guarantees as well as credit downgrades have dampened SA’s risk profile.

Denel board next in line for reshuffle

2018-02-21 14:25

State arms manufacturer Denel’s board is the next state-owned company up for review, Finance Minister Malusi Gigaba has confirmed.

Ramaphosa's plan for SOEs

2018-02-20 16:04

President Cyril Ramaphosa has heeded calls from MPs to fix state-owned enterprises during the SONA debate.

Corruption hinders growth, results in fewer jobs – Patel

2018-02-19 19:35

Economic Development Minister Ebrahim Patel has spoken out against corruption in SOEs and in the private sector, calling players to combat the "cancer".

Ramaphosa sounds warning to SOE boards

2018-02-16 21:00

"Only people with expertise, experience and integrity serve in these vital positions," says President Cyril Ramaphosa.

Gigaba: Political uncertainty won't affect economy

2018-02-14 18:31

Treasury has done everything possible to stave off a ratings downgrade, says Finance Minister Malusi Gigaba.

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