More tough love for parastatals
Government has tightened the purse strings and its tough stance on bailouts for parastatals seems to be bearing fruit.
comments (0)
A heavy toll: Sanral ratings under review
The e-tolling fracas in Gauteng is adding to the road agency's unsustainable debt, and casting doubts on the government's overall transport strategy.
comments (5)
Leaner times for state enterprises
Treasury has forced state-owned entities to borrow against their balance sheet.
comments (0)
Zimbabwe's parastatal bigwigs 'swimming in wealth'
Zimbabwe's parastatals are paying executives and senior management monthly salaries of up to US$15 000, despite reports of mismanagement.
comments (0)
Manuel defends Cup tickets splurge
Minister in the National Planning Commission Trevor Manuel has come out in defence of parastatals who splurged millions on Soccer World Cup tickets.
comments (0)
More headaches for Hogan
While infighting persists at troubled parastatals, Transnet's plans to allow private sector buy-in add to the minister's woes.
comments (0)
Axed Armscor boss accused over R95m loss
In a new twist to the axing of Armscor boss Sipho Thomo, it is alleged that he dropped a penalty due from a helicopter supplier.
comments (0)
SA's problem children
South Africa's beleaguered parastatals have been clamouring for Finance Minister Pravin Gordhan's attention.
comments (0)
The Transnet controversy
The succession crisis at the giant parastatal Transnet pits would-be chief executive Siyabonga Gama against the company's board.
comments (0)
Spy war at PetroSA
Papers filed in a court case shed light on a bizarre spy war at PetroSA that involved a bug sweep by the National Intelligence Agency.
comments (0)
