The parliamentary committee on public enterprises has recommended that the SIU further investigate the matter to ensure accountability and transparency
R22.8 billion will be used to tackle urgent liquidity matters, such as settling maturity debt
The public enterprises minister responds to coverage about his conduct at state firms
Takatso will now own 51% of the national flag carrier while the government becomes the minority shareholder with 49% ownership
The public enterprises minister says the former Eskom board chairperson, Malegapuru Makgoba, misled and misinformed parliament and the public
Gordhan said his department would challenge a ruling that gives the state 60 days to exempt hospitals, schools and police stations from power cuts
Public Enterprises Minister Pravin Gordhan will be called to appear before parliament to respond to claims by suspended director general Kgathatso Tlhakudi of impropriety in the SAA/Takatso Aviation deal
In an interview, the public enterprises minister outlined the challenges implicit in turning around state-owned entities
With Eskom and most other entities in states of disrepair, the relevance of the department of public enterprises is questioned
The consortium said Novick stepping down amid a conflict of interest would clear the path for the transaction to go ahead
The treasury’s relaxation of procurement rules will allow the state utility to attend to its ageing power stations far quicke
The expansion of the Port of Durban will cost approximately R100-billion over 10 years
The parastatal has struggled with financial constraints for some time, partly blamed on wasteful expenditure and the inability to create revenue
The airline’s outstanding government guaranteed debt is R6.4-million and the treasury says there are no new guarantees to mitigate future risks to the fiscus
The minister addresses the future of the country’s state-owned entities and speculation they may be moved from his portfolio
The power utility will keep the peace with organised labour, André de Ruyter has assured
After 18 months under administration, the loss-making airline has been cleared for takeoff
Mango’s spokesperson would not disclose the low-cost airline’s debt — which led to a brief suspension of flights — but described it as ‘huge’
Mkhuleko Hlengwa has pointed to people in Eskom or the public enterprises department for making the document public
The deputy chief justice voices his exasperation that no solution to load-shedding is in sight, but former minister says oversight model is at fault
The department of public enterprises touched on issues related to Covid-19 at its SOEs, as the acting director general briefed parliament
The cash-strapped national carrier is in the process of recouping its blocked funds from Zimbabwe, which could go towards financing the airline’s business rescue plan
Proposals for how to carve up ownership of the airline could mean that the government will no longer hog the whole pie
Amid the overnight, worldwide crash of the air travel industry, a group of retrenched SA Express employees have an ambitious plan to raise R250-million in seed funding to buy the cash-strapped airline.
Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.
Labour representatives argue that the state airline just ‘expects 78% of workers to accept one week’s pay’ for each year worked
Draft agreement document spells out that R1.5-billion will be needed to fund severance packages for 2 400 of the airline’s employees
The department of public enterprises is concerned that the proposed sale of assets threatens its plans to engineer SAA 2.0
During discussions between unions and business rescue practitioners and the government, it was decided that the national carrier would be closed and a new airline formed
Maintenance division is first SAA subsidiary to declare hardship to staff as travel ban effects grow at the state-owned airline
An earlier presentation by the department of public enterprises offered a grim diagnosis of Eskom’s future. It has since been corrected
The Red Berets say the public enterprises minister was a member of the Cabinet which led to Eskom’s failure