Latest articles on Department Of Public Enterprises

SAA in talks to recoup R350-million in blocked funds from Zimbabwe

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

Workers get their slice of SA Express

Proposals for how to carve up ownership of the airline could mean that the government will no longer hog the whole pie

SA Express employees in R250m crowdfunding bid to buy their airline

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.

SAA creditors give go-ahead on rescue plan

Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.

Unions reject SAA severance pay

Labour representatives argue that the state airline just ‘expects 78% of workers to accept one week’s pay’ for each year worked

SAA 2.0 hopes to start lean and grow from next year

Draft agreement document spells out that R1.5-billion will be needed to fund severance packages for 2 400 of the airline’s employees

Sell assets or create a new airline? Tussle over SAA future intensifies

The department of public enterprises is concerned that the proposed sale of assets threatens its plans to engineer SAA 2.0

SAA crash-lands but new airline will take off

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

SAA Technical flies into salary storm

Maintenance division is first SAA subsidiary to declare hardship to staff as travel ban effects grow at the state-owned airline

DPE issues correction: Eskom not insolvent, but has “liquidity challenges”

An earlier presentation by the department of public enterprises offered a grim diagnosis of Eskom's future. It has since been corrected

EFF calls on Gordhan to resign over Eskom blunders

The Red Berets say the public enterprises minister was a member of the Cabinet which led to Eskom’s failure

As it stands, Eskom will cease to exist by April — DPE

The department outlined the financial and operational problems facing the utility, which began load-shedding on Monday

Gupta looters leave SA in the dark

And a planned PetroSA plant shutdown meant Eskom could not replenish diesel supplies

Gordhan cancels Christmas break for Eskom execs

Public Enterprises Minister Pravin Gordhan told media on Thursday Christmas leave for senior management has been cancelled

Denel suffers over R1.7bn loss, expects more in future

The state-owned arms company has yet to submit an annual report for the 2017/18 financial year

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